Penn Entertainment's stock surged 12.20% during intraday trading on Thursday, following the release of its fourth-quarter 2025 financial results that significantly exceeded analyst expectations.
The casino and entertainment company reported adjusted earnings per share of $0.07, swinging to a profit from an adjusted loss of $0.44 per share a year earlier and beating the consensus estimate for a loss of $0.05. Quarterly revenue reached $1.806 billion, an 8.2% year-over-year increase that topped expectations of $1.760 billion.
The strong performance was driven by record results in the company's Interactive segment, where online sportsbook revenue jumped 73.1% to $86.2 million. The segment achieved positive adjusted EBITDA in December following the rebranding of its U.S. online sportsbook to theScore Bet. Management also provided an optimistic outlook for 2026, expecting 20% growth in segment adjusted EBITDAR and aiming for break-even adjusted EBITDA in the Interactive segment.
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