Penn Entertainment 1Q Sales Rise on Higher Visitation, Spending

Dow Jones

04/23

By Katherine Hamilton

Penn Entertainment posted higher revenue in the first quarter as customers visited its casinos more frequently and spent more at each visit.

The gambling company on Thursday posted a loss of $2.3 million, or 2 cents a share, in the quarter ended March 31, compared with a profit of $111.5 million, or 68 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 11 cents a share, ahead of the 4-cent loss anticipated by analysts, according to FactSet.

Revenue rose 6% to $1.78 billion. Analysts surveyed by FactSet forecast revenue of $1.75 billion.

Penn said increased visitation and higher spend per visit drove revenue growth across all its segments.

Shares were up 1.4% to $14.97 in premarket trading.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

April 23, 2026 07:19 ET (11:19 GMT)

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Analysts surveyed by FactSet forecast revenue of $1.75 billion. \n</p>\n<p>\n  Penn said increased visitation and higher spend per visit drove revenue growth across all its segments. \n</p>\n<p>\n  Shares were up 1.4% to $14.97 in premarket trading. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2026 07:19 ET (11:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PENN","symbol_name":"佩恩國民博彩","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629835987","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629835987","pubTimestamp":1776943140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Penn Entertainment posted higher revenue in the first quarter as customers visited its casinos more frequently and spent more at each visit.The gambling company on Thursday posted a loss of $2.3 million, or 2 cents a share, in the quarter ended March 31, compared with a profit of $111.5 million, or 68 cents a share, a year earlier.Stripping out certain one-time items, adjusted per-share earnings were 11 cents a share, ahead of the 4-cent loss anticipated by analysts, according to FactSet.Revenue rose 6% to $1.78 billion. 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Analysts surveyed by FactSet forecast revenue of $1.75 billion. \n\n\n  Penn said increased visitation and higher spend per visit drove revenue growth across all its segments. \n\n\n  Shares were up 1.4% to $14.97 in premarket trading. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2026 07:19 ET (11:19 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}