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Penn Entertainment Swings to Q2 Adjusted Loss as Revenue Falls
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Penn Entertainment Swings to Q2 Adjusted Loss as Revenue Falls
Aug 8, 2024 6:27 AM

09:00 AM EDT, 08/08/2024 (MT Newswires) -- Penn Entertainment ( PENN ) reported a Q2 adjusted loss Thursday of $0.18 per share, swinging from earnings of $0.38 a year earlier.

Three analysts polled by Capital IQ expected a normalized loss of $0.20.

Revenue for the quarter ended June 30 was $1.66 billion, down from $1.67 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.65 billion.

Price: 17.71, Change: +0.45, Percent Change: +2.61

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