PENN Entertainment Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

February 28, 2025

PENN Entertainment (NASDAQ:PENN) Full Year 2024 Results

Key Financial Results

Revenue: US$6.58b (up 3.4% from FY 2023).
Net loss: US$311.5m (loss narrowed by 36% from FY 2023).
US$2.05 loss per share (improved from US$3.22 loss in FY 2023).

earnings-and-revenue-growth — NasdaqGS:PENN Earnings and Revenue Growth February 28th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

PENN Entertainment EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 32%.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are down 4.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of PENN Entertainment's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.