PENN Q3 2020 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q3 2020 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.1B-16.6% YoY

Gross Profit

$602M53.2% margin

Operating Income

$196M17.4% margin

Net Income

$142M12.6% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+269.8%

Cash Flow

Operating Cash Flow

$352M

Free Cash Flow

$328M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$14.8B

Total Liabilities

$12.2B

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.4B	-16.6%
Gross Profit	$602M	$596M	+1.0%
Operating Income	$196M	$180M	+9.1%
Net Income	$142M	$44M	+223.2%

Revenue Segments

Casino

$994M88%

Food and Beverage

$52M5%

Product and Service, Other

$45M4%

Occupancy

$39M3%

Geographic Segments

Northeast Segment

$545M48%

South Segment

$256M23%

Midwest Segment

$229M20%

West Segment

$79M7%

Interactive Segment

$24M2%