PENN Q3 2022 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q3 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.6B+7.5% YoY

Gross Profit

$668M41.1% margin

Operating Income

$137M8.4% margin

Net Income

$124M7.6% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$324M

Free Cash Flow

$257M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$13.9B

Stockholders' Equity

$3.6B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+7.5%
Gross Profit	$668M	$699M	-4.5%
Operating Income	$137M	$239M	-42.8%
Net Income	$124M	$86M	+43.4%

Revenue Segments

Casino

$1.3B81%

Product and Service, Other

$132M8%

Food and Beverage

$101M6%

Occupancy

$74M5%

Geographic Segments

Northeast Segment

$685M42%

South Segment

$330M20%

Midwest Segment

$298M18%

Interactive Segment

$159M10%

West Segment

$157M10%