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Curious about PENN Entertainment (PENN) Q4 Performance? Explore Wall Street Estimates for Key Metrics
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Wall Street analysts expect PENN Entertainment (PENN - Free Report) to post quarterly loss of $0.57 per share in its upcoming report, which indicates a year-over-year decline of 538.5%. Revenues are expected to be $1.54 billion, down 2.6% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 10.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific PENN Entertainment metrics that are commonly monitored and projected by Wall Street analysts.
It is projected by analysts that the 'Revenues- West segment' will reach $129.11 million. The estimate indicates a year-over-year change of -1.2%.
The average prediction of analysts places 'Revenues- Interactive segment' at $187.12 million. The estimate indicates a change of -10% from the prior-year quarter.
Analysts' assessment points toward 'Revenues- South segment' reaching $286.66 million. The estimate indicates a year-over-year change of -5.8%.
Analysts forecast 'Revenues- Northeast segment' to reach $650.38 million. The estimate indicates a year-over-year change of -2.5%.
The collective assessment of analysts points to an estimated 'Revenues- Midwest segment' of $281.22 million. The estimate suggests a change of -0.3% year over year.
Analysts expect 'Adjusted EBITDAR- Midwest segment' to come in at $111.98 million. Compared to the current estimate, the company reported $115 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Adjusted EBITDAR- Interactive segment' should come in at -$165.21 million. The estimate compares to the year-ago value of $5.20 million.
Analysts predict that the 'Adjusted EBITDAR- West segment' will reach $48.76 million. Compared to the current estimate, the company reported $48.70 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Adjusted EBITDAR- South segment' will likely reach $109.39 million. The estimate is in contrast to the year-ago figure of $118.40 million.
The consensus among analysts is that 'Adjusted EBITDAR- Northeast segment' will reach $187.15 million. The estimate compares to the year-ago value of $205 million.
Over the past month, shares of PENN Entertainment have returned +3.7% versus the Zacks S&P 500 composite's +5.8% change. Currently, PENN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Curious about PENN Entertainment (PENN) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Wall Street analysts expect PENN Entertainment (PENN - Free Report) to post quarterly loss of $0.57 per share in its upcoming report, which indicates a year-over-year decline of 538.5%. Revenues are expected to be $1.54 billion, down 2.6% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 10.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific PENN Entertainment metrics that are commonly monitored and projected by Wall Street analysts.
It is projected by analysts that the 'Revenues- West segment' will reach $129.11 million. The estimate indicates a year-over-year change of -1.2%.
The average prediction of analysts places 'Revenues- Interactive segment' at $187.12 million. The estimate indicates a change of -10% from the prior-year quarter.
Analysts' assessment points toward 'Revenues- South segment' reaching $286.66 million. The estimate indicates a year-over-year change of -5.8%.
Analysts forecast 'Revenues- Northeast segment' to reach $650.38 million. The estimate indicates a year-over-year change of -2.5%.
The collective assessment of analysts points to an estimated 'Revenues- Midwest segment' of $281.22 million. The estimate suggests a change of -0.3% year over year.
Analysts expect 'Adjusted EBITDAR- Midwest segment' to come in at $111.98 million. Compared to the current estimate, the company reported $115 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Adjusted EBITDAR- Interactive segment' should come in at -$165.21 million. The estimate compares to the year-ago value of $5.20 million.
Analysts predict that the 'Adjusted EBITDAR- West segment' will reach $48.76 million. Compared to the current estimate, the company reported $48.70 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Adjusted EBITDAR- South segment' will likely reach $109.39 million. The estimate is in contrast to the year-ago figure of $118.40 million.
The consensus among analysts is that 'Adjusted EBITDAR- Northeast segment' will reach $187.15 million. The estimate compares to the year-ago value of $205 million.
View all Key Company Metrics for PENN Entertainment here>>>
Over the past month, shares of PENN Entertainment have returned +3.7% versus the Zacks S&P 500 composite's +5.8% change. Currently, PENN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>