PENN Q1 2022 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q1 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.6B+22.7% YoY

Gross Profit

$706M45.1% margin

Operating Income

$292M18.7% margin

Net Income

$52M3.3% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$225M

Free Cash Flow

$159M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$18.1B

Total Liabilities

$14.1B

Stockholders' Equity

$4.0B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.3B	+22.7%
Gross Profit	$706M	$624M	+13.1%
Operating Income	$292M	$217M	+34.9%
Net Income	$52M	$91M	-43.3%

Revenue Segments

Casino

$1.3B83%

Product and Service, Other

$117M7%

Food and Beverage

$96M6%

Occupancy

$60M4%

Geographic Segments

Northeast Segment

$659M42%

South Segment

$341M22%

Midwest Segment

$283M18%

Interactive Segment

$142M9%

West Segment

$141M9%