PENN Q4 2019 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q4 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.3B+16.1% YoY

Gross Profit

$586M43.7% margin

Operating Income

$11M0.8% margin

Net Income

-$93M-6.9% margin

EPS (Diluted)

$-0.80

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$185M

Free Cash Flow

$121M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$12.3B

Stockholders' Equity

$1.9B

Cash & Equivalents

$437M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+16.1%
Gross Profit	$586M	$492M	+19.2%
Operating Income	$11M	$124M	-90.9%
Net Income	-$93M	-$42M	-120.0%

Revenue Segments

Casino

$1.1B81%

Food and Beverage

$131M10%

Occupancy

$74M6%

Product and Service, Other

$45M3%

Racing

$8M1%

Geographic Segments

Northeast Segment

$621M59%

South Segment

$268M26%

West Segment

$158M15%