Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look ...
During a recent earnings call, Penn CEO Jay Snowden hinted that his company could opt out of the $2 billion licensing and marketing deal if ESPN Bet’s underwhelming results don’t improve by ...
Penn Entertainment stock has taken a beating since reaching a five-year high in 2021, mainly due to struggles to boost digital betting.
During a recent earnings call, Penn Entertainment CEO Jay Snowden had some ominous words about the status of their partnership with ESPN as he admitted that they are “not on pace” to hit ...
"But if for whatever reason we’re not hitting the levels that we need to, then obviously as you’re approaching that third anniversary, you have a three-year clause in the contract that both sides will ...
Penn Entertainment president and CEO Jay Snowden addressed these challenges on Thursday. “We have more work to do to unlock the full potential and value of our partnership with ESPN,” Snowden ...
Reports Q4 revenue $ $1.669B, consensus $1.67B…Jay Snowden, Chief Executive Officer and President, said: “PENN‘s fourth quarter property-level operating results reflect solid performance ...
Over the last year, we can see that the biggest insider purchase was by President Jay Snowden for US$999k worth of shares, at about US$18.44 per share. We do like to see buying, but this purchase was ...