PENN Entertainment's Product Enhancements And ESPN Integration Could Spark 2025 Growth, Says Analyst
PENN(PENN) Benzinga·2024-10-09 01:59
Needham analyst Bernie McTernan expressed his view on PENN Entertainment, Inc. PENN investor event in Las Vegas on Monday. At the event, Penn said it expects third-quarter retail operations adjusted EBITDAR to be in the range of $465 million to $475 million. The company also raised its interactive adjusted EBITDA guidance for the third quarter. Penn anticipates a loss of $90 million to $100 million, up from prior guidance for a loss of $115 million to $135 million. The company noted that improving products ...