Penn Entertainment's stock surged 6.14% in pre-market trading following the release of its fourth-quarter 2025 results, which showed better-than-expected adjusted earnings and revenue.
The gaming and entertainment company reported adjusted earnings per share of $0.07, significantly beating the analyst consensus estimate of a loss of $0.05 per share. Quarterly revenue reached $1.806 billion, exceeding expectations of $1.760 billion and representing an 8.2% increase year-over-year.
The company's Interactive segment showed particularly strong performance, with online sportsbook revenue jumping 73.1% to $86.2 million and the segment achieving positive adjusted EBITDA in December. PENN also provided an optimistic outlook for 2026, expecting 20% growth in segment adjusted EBITDAR and aiming for break-even adjusted EBITDA in its Interactive segment.
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