PENN Entertainment Q2 EPS $0.48 Beats $0.42 Estimate, Sales $1.67B Inline
Portfolio Pulse from Benzinga Newsdesk
PENN Entertainment reported Q2 earnings of $0.48 per share, beating the analyst consensus estimate of $0.42 by 14.29%. This is a 220% increase from the same period last year. The company also reported quarterly sales of $1.67 billion, meeting the analyst consensus estimate, a 2.64% increase from last year.
August 09, 2023 | 11:00 am
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POSITIVE IMPACT
PENN Entertainment's Q2 earnings beat estimates and showed significant YoY growth, which could positively impact the stock.
PENN Entertainment's Q2 earnings exceeded analyst expectations and showed a significant increase from the same period last year. This positive financial performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100