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24,260 signal articles · 38 in last 24h · 115,288 total before filter · latest 40m ago
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PENN Entertainment Weighs Alberta Online Launch Against 2026 Profit Goals
Simply Wall St.111d agoneutral
PENN Entertainment Weighs Alberta Online Launch Against 2026 Profit Goals

PENN Entertainment is preparing to launch regulated iCasino and online sports betting in Alberta, Canada in July. The company is reshaping its Interactive segment with a focus on achieving profitability from Q4 2026 onward. PENN has an active development pipeline, including new casino and hotel projects planned through 2026. PENN Entertainment (NasdaqGS:PENN) is shifting attention from recent earnings headlines to a new phase of online expansion in Alberta, where regulated iCasino and...

PENN Q1 Deep Dive: Retail and Digital Segments Drive Free Cash Flow Upside
StockStory113d agoneutral
PENN Q1 Deep Dive: Retail and Digital Segments Drive Free Cash Flow Upside

Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN) reported revenue ahead of Wall Street’s expectations in Q1 CY2026, with sales up 6.4% year on year to $1.78 billion. Its non-GAAP profit of $0.11 per share was significantly above analysts’ consensus estimates.

MoffettNathanson Downgrades DraftKings: Are Prediction Markets Killing the Sports Betting King?
24/7 Wall St.113d agobearish
MoffettNathanson Downgrades DraftKings: Are Prediction Markets Killing the Sports Betting King?

DraftKings (NASDAQ:DKNG) got a downgrade from MoffettNathanson to Neutral from Buy on April 24, with a price target cut to $27 from $38. The firm acknowledged prediction market competition as the overhang it can no longer dismiss. For long-term investors, the downgrade reframes the DraftKings stock thesis around regulatory risk rather than valuation. DKNG shares ... MoffettNathanson Downgrades DraftKings: Are Prediction Markets Killing the Sports Betting King?

1 Small-Cap Stock with Promising Prospects and 2 We Avoid
StockStory113d agoneutral
1 Small-Cap Stock with Promising Prospects and 2 We Avoid

Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.

Why Are PENN Entertainment (PENN) Shares Soaring Today
StockStory113d agobullish
Why Are PENN Entertainment (PENN) Shares Soaring Today

Shares of casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN) jumped 15% in the afternoon session after the company reported better-than-expected first-quarter financial results, with both revenue and earnings per share surpassing analyst estimates.

PENN Entertainment (PENN) Soars 17% as Firm Gears Up for $180-B Casino Market
Insider Monkey114d agobullish
PENN Entertainment (PENN) Soars 17% as Firm Gears Up for $180-B Casino Market

PENN Entertainment Inc. (NASDAQ:PENN) is one of the 10 Stocks Posting Outsized Gains. PENN Entertainment snapped a four-day losing streak on Thursday, climbing 16.86 percent to close at $17.26 apiece, as investors took heart from its strong revenues in the first quarter and the looming launch of its online and sports betting platforms. In an […]

PENN Entertainment Q1 Earnings Call Highlights
MarketBeat114d agoneutral
PENN Entertainment Q1 Earnings Call Highlights

PENN Entertainment (NASDAQ:PENN) reported first-quarter 2026 results that management said were highlighted by year-over-year growth in retail segment adjusted EBITDA and a sharp improvement in the Interactive segment’s profitability, as the company executed on a “realigned” digital strategy and cont