PENN Entertainment (PENN) Expected to Release Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) will likely be issuing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect PENN Entertainment to announce earnings of $0.1721 per share and revenue of $1.84 billion for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 9:00 AM ET.

PENN Entertainment (NASDAQ:PENN) last released its earnings results on Thursday, August 6th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.07. PENN Entertainment had a positive return on equity of 2.93% and a negative net margin of 12.66%. The firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the firm posted ($0.12) earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts expect PENN Entertainment to post $1.20 EPS for the current fiscal year and $1.66 EPS for the next fiscal year.

PENN Entertainment Trading Down 0.7%

Shares of NASDAQ PENN opened at $14.72 on Thursday. PENN Entertainment has a fifty-two week low of $11.65 and a fifty-two week high of $22.36. The company has a debt-to-equity ratio of 3.79, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market cap of $1.97 billion, a price-to-earnings ratio of -2.31, a PEG ratio of 0.37 and a beta of 1.39. The business’s 50 day moving average price is $16.20 and its 200-day moving average price is $16.76.

Analyst Ratings Changes

PENN has been the topic of several research analyst reports. Susquehanna cut their price objective on PENN Entertainment from $30.00 to $26.00 and set a “positive” rating on the stock in a research report on Monday, October 19th. Citigroup reiterated a “market outperform” rating on shares of PENN Entertainment in a research note on Tuesday, October 13th. Bank of America lifted their target price on PENN Entertainment from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, July 20th. Morgan Stanley lowered their target price on shares of PENN Entertainment from $20.00 to $18.00 and set an “equal weight” rating for the company in a research note on Monday, October 19th. Finally, JPMorgan Chase & Co. cut their price target on shares of PENN Entertainment from $27.00 to $24.00 and set an “overweight” rating on the stock in a report on Tuesday, October 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, PENN Entertainment has a consensus rating of “Moderate Buy” and a consensus target price of $23.61.

About PENN Entertainment

PENN Entertainment, Inc is a North American provider of integrated entertainment, gaming and sports betting. The company operates casinos, racetracks and video gaming terminals, offering slot machines, table games, poker, sports wagering, hotel accommodations, restaurants, entertainment venues and other amenities.

PENN’s portfolio includes regional gaming properties operating under brands such as Hollywood Casino, Ameristar, L’Auberge and M Resort. Its land-based operations serve customers across numerous U.S.