PENN Q3 2019 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q3 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.4B+71.5% YoY

Gross Profit

$596M44.0% margin

Operating Income

$180M13.3% margin

Net Income

$44M3.2% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$204M

Free Cash Flow

$162M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$14.3B

Total Liabilities

$12.4B

Stockholders' Equity

$1.9B

Cash & Equivalents

$407M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$790M	+71.5%
Gross Profit	$596M	$338M	+76.4%
Operating Income	$180M	$156M	+15.4%
Net Income	$44M	$36M	+21.5%

Revenue Segments

Casino

$1.1B80%

Food and Beverage

$129M10%

Occupancy

$85M6%

Product and Service, Other

$44M3%

Racing

$7M1%

Geographic Segments

Northeast Segment

$629M59%

South Segment

$277M26%

West Segment

$162M15%