Investing.com – PENN Entertainment reported on Thursday third quarter that beat analysts’ forecasts and income that topped expectations.

PENN Entertainment introduced earnings per share of $0.72 on income of $1.6B. Analysts polled by Investing.com anticipated EPS of $0.36 on income of $1.58B.

PENN Entertainment shares are down 39.61% from the start of the yr and are buying and selling at $33.75 , down-from-52-week-high.

PENN Entertainment shares gained 9.19% in pre-market commerce the report.

PENN Entertainment follows different main Consumer Discretionary sector earnings this month

PENN Entertainment’s report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on income of $127.1B, in comparison with forecasts EPS of $0.22 on income of $127.76B.

Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on income of $21.45B, in comparison with forecast for EPS of $1.03 on income of $22.5B.

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