PENN Entertainment (PENN) Set to Post Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) is expected to release 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. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 9:00 AM ET.

PENN Entertainment (NASDAQ:PENN) last announced its earnings results on Thursday, August 6th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.07. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.86 billion. PENN Entertainment had a positive return on equity of 2.93% and a negative net margin of 12.66%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.12) EPS. 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 Price Performance

Shares of NASDAQ PENN opened at $17.02 on Tuesday. 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 $2.28 billion, a PE ratio of -2.68, a P/E/G ratio of 0.38 and a beta of 1.39. The business has a 50-day simple moving average of $16.05 and a two-hundred day simple moving average of $16.79. PENN Entertainment has a fifty-two week low of $11.65 and a fifty-two week high of $22.36.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PENN shares. Piper Sandler upgraded shares of PENN Entertainment from a “neutral” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Tuesday, October 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of PENN Entertainment in a research note on Monday, September 21st. Susquehanna dropped their target price on shares of PENN Entertainment from $30.00 to $26.00 and set a “positive” rating on the stock in a research report on Monday, October 19th. Benchmark upped their price target on shares of PENN Entertainment from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Zacks Research upgraded shares of PENN Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, PENN Entertainment presently 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.