PENN - Penn Entertainment Shares Fall After Q1 Results: Here's Why | Benzinga
PENN Entertainment, Inc. (NASDAQ:PENN) shares are trading lower Thursday after the company reported worse-than-expected first-quarter financial results. Here's a look at the key figures from the report.
The Details:
Penn Entertainment reported quarterly losses of 79 cents per share which missed the analyst consensus estimate of losses of 59 cents by 33.9%.
Quarterly sales came in at $1.607 billion, missing the analyst consensus estimate of $1.627 billion by 1.25% and representing a 3.95% decrease from the same period last year.
Total liquidity as of March 31, 2024 ...