WYOMISSING, Pa. (AP) \u2014 WYOMISSING, Pa. (AP) \u2014 PENN Entertainment, Inc. (PENN) on Thursday reported a loss of $73 million\u2026<\/p>\n
WYOMISSING, Pa. (AP) \u2014 WYOMISSING, Pa. (AP) \u2014 PENN Entertainment, Inc. (PENN) on Thursday reported a loss of $73 million in its fourth quarter.<\/p>\n
The Wyomissing, Pennsylvania-based company said it had a loss of 55 cents per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.<\/p>\n
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.<\/p>\n
The casino operator posted revenue of $1.81 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.75 billion.<\/p>\n
For the year, the company reported a loss of $843.1 million, or $5.83 per share. Revenue was reported as $6.96 billion.<\/p>\n
_____<\/p>\n
This story was generated by Automated Insights<\/a> (http:\/\/automatedinsights.com\/ap) using data from Zacks Investment Research. Access a Zacks stock report on PENN<\/a> at https:\/\/www.zacks.com\/ap\/PENN<\/p>\n Copyright
\n \u00a9\u00a02026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.<\/p>\n","protected":false},"excerpt":{"rendered":"WYOMISSING, Pa. (AP) \u2014 WYOMISSING, Pa. (AP) \u2014 PENN Entertainment, Inc. (PENN) on Thursday reported a loss of…\n","protected":false},"author":2,"featured_media":11835,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[128,130,129],"class_list":{"0":"post-124080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-reading","8":"tag-reading-city","9":"tag-reading-city-headlines","10":"tag-reading-city-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/124080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=124080"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/124080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/11835"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=124080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=124080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=124080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}