PENN Q3 2021 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q3 2021 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.5B+33.8% YoY

Gross Profit

$699M46.3% margin

Operating Income

$239M15.8% margin

Net Income

$86M5.7% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$274M

Free Cash Flow

$199M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$15.7B

Total Liabilities

$12.7B

Stockholders' Equity

$3.1B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.1B	+33.8%
Gross Profit	$699M	$602M	+16.3%
Operating Income	$239M	$196M	+21.9%
Net Income	$86M	$142M	-39.3%

Revenue Segments

Casino

$1.3B83%

Product and Service, Other

$100M7%

Food and Beverage

$88M6%

Occupancy

$68M4%

Geographic Segments

Northeast Segment

$672M44%

South Segment

$318M21%

Midwest Segment

$286M19%

West Segment

$146M10%

Interactive Segment

$97M6%