Penn Entertainment 1Q Sales Rise on Higher Visitation, Spending

Dow Jones04-23 19:19

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)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629835987?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-23 19:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629835987","market":"us","top_or_hot":-1,"title":"Penn Entertainment 1Q Sales Rise on Higher Visitation, Spending","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Penn Entertainment posted higher revenue in the first quarter as customers visited its casinos more frequently and spent more at each visit. \n</p>\n<p>\n  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. \n</p>\n<p>\n  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. \n</p>\n<p>\n  Revenue rose 6% to $1.78 billion. 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>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Penn Entertainment 1Q Sales Rise on Higher Visitation, Spending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPenn Entertainment 1Q Sales Rise on Higher Visitation, Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-23 19:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Penn Entertainment posted higher revenue in the first quarter as customers visited its casinos more frequently and spent more at each visit. \n</p>\n<p>\n  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. \n</p>\n<p>\n  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. \n</p>\n<p>\n  Revenue rose 6% to $1.78 billion. 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\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PENN","symbol_name":"佩恩国民博彩","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. 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.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PENN":"佩恩国民博彩"},"translate_title":"宾夕法尼亚娱乐公司第一季度销售额因访问量和支出增加而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PENN":1.5},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  Penn Entertainment posted higher revenue in the first quarter as customers visited its casinos more frequently and spent more at each visit. \n\n\n  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. \n\n\n  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. \n\n\n  Revenue rose 6% to $1.78 billion. 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":null,"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"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629835987","isCrawlerRequest":true}