PENN Q2 2019 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q2 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.3B+60.0% YoY

Gross Profit

$591M44.7% margin

Operating Income

$198M15.0% margin

Net Income

$52M3.9% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$190M

Free Cash Flow

$131M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$12.3B

Stockholders' Equity

$1.9B

Cash & Equivalents

$379M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$827M	+60.0%
Gross Profit	$591M	$356M	+66.2%
Operating Income	$198M	$182M	+9.1%
Net Income	$52M	$54M	-4.5%

Revenue Segments

Casino

$1.1B80%

Food and Beverage

$127M10%

Occupancy

$80M6%

Product and Service, Other

$45M3%

Racing

$9M1%

Geographic Segments

Northeast Segment

$599M57%

South Segment

$282M27%

West Segment

$164M16%