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$PENN Q1 '25 Earnings Results & Recap
Penn Entertainment reported Q1 '25 EPS at an adjusted loss of ($0.25), below estimates for a loss of ($0.22). The firm said EBITDAR was negatively impacted by severe weather and an interactive segment that had a negative EBITDA impact from customer-friendly sports betting outcomes. Revenue came in just below estimates at $1.67B. The company anticipates continued positive momentum in its iCasino business and expects positive interactive EBITDA in 2026.1
