PENN Q4 2023 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q4 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.4B-12.0% YoY

Gross Profit

$317M22.7% margin

Operating Income

-$308M-22.1% margin

Net Income

-$358M-25.7% margin

EPS (Diluted)

$-2.37

QoQ Revenue Growth

-13.8%

Cash Flow

Operating Cash Flow

-$85M

Free Cash Flow

-$237M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$12.9B

Stockholders' Equity

$3.2B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.6B	-12.0%
Gross Profit	$317M	$670M	-52.7%
Operating Income	-$308M	$243M	-227.0%
Net Income	-$358M	$21M	-1821.6%

Revenue Segments

Casino

$1.0B68%

Product and Service, Other

$338M22%

Food and Beverage

$101M7%

Occupancy

$58M4%

Geographic Segments

Northeast Segment

$663M46%

Midwest Segment

$295M21%

South Segment

$285M20%

West Segment

$134M9%

Interactive Segment

$57M4%