PENN Entertainment Reports Q3 Non-GAAP EPS of $0.32, Beating Estimates

PENN Entertainment reported third-quarter financial results featuring a significant earnings beat. The company's Non-GAAP earnings per share (EPS) reached $0.32, exceeding analyst expectations by $0.20. Revenue for the quarter was reported at $1.84 billion, representing a 7.0% increase year-over-year. While the revenue figure aligned with market consensus, the substantial earnings surprise highlights improved operational efficiency or cost management during the period.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

PENN Entertainment Reports Q3 Non-GAAP EPS of $0.32, Beating Estimates

Tickers: $PENN

Topics: earnings beat non-GAAP EPS revenue growth

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