Investing.com - PENN Entertainment reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PENN Entertainment announced earnings per share of $0.72 on revenue of $1.6B. Analysts polled by Investing.com EPS of $0.36 on revenue of $1.58B.
PENN Entertainment 's are down 39.61% and is trading at $33.75 , still down 57.90% from its 52 week high of $73.41 set on Wednesday, November 3, 2021.
PENN Entertainment shares gained 9.19% to trade at $33.75 in pre-market trade the report.
PENN Entertainment follows other major Consumer Discretionary sector earnings this month
PENN Entertainment's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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