PENN Entertainment Raises 2026 Retail Guidance Following Record Q3 Revenue
PENN Entertainment reported record third-quarter revenue and significant year-over-year growth in adjusted EBITDA. This performance was primarily driven by strong same-store metrics and the successful integration of recently completed development projects. Building on this momentum, management has raised its 2026 retail guidance to $5.89 billion in revenue and $1.973 billion in adjusted EBITDA. Additionally, the company has set a strategic target to achieve profitability within its interactive segment by 2027.
Tickers: $PENN
Topics: earnings report EBITDA quarterly results revenue growth