Penn Entertainment’s stock rose sharply on Thursday as the company announced its fourth‑quarter earnings. The report showed a surprise profit, with adjusted earnings per share at 7 cents versus analysts’ expectation of a 5‑cent loss. Revenue also beat estimates, reaching $1. 80 billion against a forecast of $1. 76 billion.

The company’s retail gaming division generated $1. 4 billion in sales, while the interactive segment—comprising online casino and sportsbook offerings—posted $398. 7 million. CEO Jay Snowden highlighted that the interactive division set a new record, thanks to growth in its Hollywood iCasino product and stronger cross‑selling of sports betting.

Liquidity at year’s end stood at $1. 1 billion, with $686. 6 million in cash and equivalents. Traditional net debt was reported at $2. 2 billion, indicating a solid balance sheet.

The market reaction was immediate: Penn shares were trading about 10. 45 % higher at $13. 85 when the data was released.


# Penn Entertainment Reports Strong Q4 Earnings

Penn Entertainment’s stock surged **10.45 %** to $13.85 on Thursday after the company announced a surprising fourth‑quarter performance.

## Highlights

- **Adjusted EPS:** 7 cents (beat analysts’ expectation of a 5‑cent loss)  
- **Revenue:** $1.80 billion (up from the forecast of $1.76 billion)

## Segment Performance

| Division | Sales |
|----------|-------|
| Retail Gaming | $1.4 billion |
| Interactive (online casino & sportsbook) | $398.7 million |

CEO Jay Snowden noted that the interactive division set a new record, driven by growth in its Hollywood iCasino product and stronger cross‑selling of sports betting.

## Balance Sheet

- **Liquidity (year end):** $1.1 billion  
  - Cash & equivalents: $686.6 million
- **Traditional Net Debt:** $2.2 billion

The market reaction was immediate, with Penn shares trading 10.45 % higher at $13.85 when the data was released.



Penn Shares Jump After Strong Q4 Results

Highlights

Segment Performance

Balance Sheet

Actions

Division	Sales
Retail Gaming	$1.4 billion
Interactive (online casino & sportsbook)	$398.7 million