Estimates: Penn National earnings per share were seen dropping 20% to 64 cents, but sales were set to gain 34% to $1.51 billion.
Results: Penn earnings per share declined 44% vs. a year earlier. Revenue came in at $1.51 billion.
Penn down 21.57% at $57.04 (-$15.69).
Results: Penn earnings per share declined 44% vs. a year earlier. Revenue came in at $1.51 billion.
Penn down 21.57% at $57.04 (-$15.69).
https://twitter.com/MarketCurrents/status/1456315597113815041
2) Further news :
A) PENN ⬇️ more from post-earnings drop, as Business Insider posts article accused Barstool Sports founder Dave Portnoy of sexual misconduct;
B) Penn Rep said it takes matter seriously, still gathering facts. Dave Portnoy responded on Twitter to allegations.
A) PENN ⬇️ more from post-earnings drop, as Business Insider posts article accused Barstool Sports founder Dave Portnoy of sexual misconduct;
B) Penn Rep said it takes matter seriously, still gathering facts. Dave Portnoy responded on Twitter to allegations.
3) In light of (1) & (2), Portnoy’s response to allegations 👇🏾
https://twitter.com/stoolpresidente/status/1456304390566993922
5) Estimates: It's expected to post an 87-cents-a-share loss for the quarter, a 53% decline year-over-year. Yet sales are seen surging 78% to $236.9 million.
https://twitter.com/ibd_adelia/status/1456295955465064448
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