PENN Entertainment Inc
PENN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| s>@ | LOCK|WH | LOCK|@Q$<$$ |
Penn Entertainment Earnings: Shares Sparked by Interactive Results and Retail Segment Tailwinds
Penn's fourth-quarter revenue increased 8%, driven by 45% growth in the interactive business. Consolidated EBITDA margins increased 260 basis points to 12.5%, as interactive improved to a $40 million loss from a $110 million loss a year ago, on sales lift and a 20% decrease in marketing expense.
