PENN Q3 2024 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q3 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.6B+1.2% YoY

Gross Profit

$569M34.7% margin

Operating Income

$68M4.1% margin

Net Income

-$37M-2.2% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$175M

Free Cash Flow

$43M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$15.5B

Total Liabilities

$12.5B

Stockholders' Equity

$3.1B

Cash & Equivalents

$834M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.6B	+1.2%
Gross Profit	$569M	$649M	-12.4%
Operating Income	$68M	-$786M	+108.6%
Net Income	-$37M	-$725M	+94.9%

Revenue Segments

Casino

$1.3B79%

Product and Service, Other

$179M11%

Food and Beverage

$105M6%

Occupancy

$68M4%

Geographic Segments

Northeast Segment

$685M42%

Midwest Segment

$292M18%

South Segment

$288M18%

Interactive Segment

$245M15%

West Segment

$132M8%