PENN

PENN's 48.6% six-month rally reflects stronger retail execution, new-property momentum and a sharp improvement in Interactive profitability.

PENN's new casino projects are boosting revenues, while further developments could extend growth through 2030.

WYOMISSING, Pa. & JEFFERSON PARISH, La.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,00.

PENN Entertainment NASDAQ: PENN reported record second-quarter retail revenue and raised its full-year outlook for the segment, while management said its interactive business continued to narrow losses through lower marketing spending, cost efficiencies and growth in online casino operations.

PENN Entertainment, Inc. (PENN) Q2 2026 Earnings Call Transcript

PENN Entertainment (PENN) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.1 per share a year ago.

The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

SANM, OSCR and PENN made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 6th, 2026.

PENN's Q2 results are likely to reflect stable retail gaming demand and Interactive momentum, offset by Aurora closure and macro pressures.

SANM, NVDA and PENN made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 4th, 2026.