PENN Entertainment shares are trading higher after the company reportedly guided Q3 retail operations adjusted EBITDAR of $465M-$475M.
Portfolio Pulse from Benzinga Newsdesk
PENN Entertainment shares are rising following the company's guidance for Q3 retail operations adjusted EBITDAR to be between $465M and $475M.
October 07, 2024 | 8:25 pm
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PENN Entertainment's stock is trading higher due to the company's positive guidance for Q3 retail operations adjusted EBITDAR, estimated between $465M and $475M.
The positive guidance for Q3 EBITDAR suggests strong operational performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100