Casino operator PENN jumps after swinging to profit

PENN Entertainment

26/02/2026 16:18

Updates

** Shares of PENN Entertainment PENN.O rise nearly 15% to $14 in morning trading

** PENN reports Q4 adjusted profit of 7 cents per share, compared with a 44-cents per share adjusted loss a year earlier

** Posts Q4 revenue of $1.8 billion, above analysts' average estimate of $1.76 billion - data compiled by LSEG

** PENN attributes earnings to strong performance across diversified retail portfolio

** In Q3, co reported an adjusted loss of 22 cents per share

** Including session's moves, shares down 2.5% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))