| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 1.6B | +15% |
| Operating Income | -21.4MM | -93% |
| Operating Expenses | 1.6B | - |
| Net Income | -114.7MM | -68% |
| G&A | 388.9MM | +1% |
| Amortization | 12.6MM | - |
| Interest Expense | 120.6MM | +1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Looking back on casino operator stocks' Q1 earnings, we examine this quarter's best and worst performers, including PENN Entertainment (NASDAQ:PENN) and its peers.
Many customers of online sports betting complain the sportsbooks shut them down or limit their wagers when they win too much or too often.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the casino operator stocks, including Golden Entertainment (NASDAQ:GDEN) and its peers.
WYOMISSING, Pa., June 27, 2024--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2024 second quarter financial results at 7:00 a.m. ET on Thursday, August 8, 2024 followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public.
Dave Portnoy parlayed his Boston-based sports mag into a $550 million business empire. Here’s how much he’s worth, how he spends his money, and what stocks he invests in.
WYOMISSING, Pa., June 26, 2024--PENN Entertainment Inc. ("PENN") (Nasdaq: PENN) today announced that it has expanded its partnership with Ticketmaster to offer exciting new benefits for its more than 30 million loyalty members. Starting today, PENN Play members can redeem rewards for tickets to live events through Ticketmaster. Additionally, PENN will have on-site activations at five amphitheaters across the U.S., further enhancing the live event experience for PENN Play members.
S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap
The guilty verdict for Former President Donald Trump is dominating much of the conversation in politics as well as on Wall Street as experts debate the potential impacts it may have on the broader market. Billionaires like Tesla CEO Elon Musk (TSLA) and hedge fund manager Bill Ackman flock to Trump's side. West Virginia Senator Joe Manchin has severed ties with the Democratic Party and is currently registered as an independent. Dell Technologies (DELL) Infrastructure Solutions Group President Ar...
Shares of Caesars Entertainment (CZR) are surging as a report from Bloomberg reveals that activist investor Carl Icahn has amassed a sizable position in Caesars. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the report and what it means for the stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Penn Entertainment shares jumped after activist Donerail Group called for the sale of the company. + Penn could be worth between $5.9 billion and $6.9 billion, said Will Wyatt, managing partner at Donerail, in a letter to the company. + He cited factors supporting a sale including the financial stability, scale and diversified geographic revenue base of Penn's regional casino portfolio.