We recently published Wall Street Can’t Keep Up: 10 Big Names on a High. PENN Entertainment Inc. (NASDAQ:PENN) was one of the best performers on Thursday.
PENN Entertainment soared by 16.75 percent on Thursday to finish at $14.64 apiece, as investors cheered the company’s double-digit growth outlook for this year, despite a dismal earnings performance in 2025.
Last year, PENN Entertainment Inc. (NASDAQ:PENN) widened its net loss by 170 percent to $845.3 million from $313.3 million in 2024, despite total revenues inching up by 5.8 percent to $6.96 billion from $6.58 billion.
The company swung to an operating loss of $673.6 million, reversing a $72.5 million operating income a year earlier.
Pressmaster/Shutterstock.com
In the fourth quarter alone, PENN Entertainment Inc. (NASDAQ:PENN) incurred a 45 percent lower net loss of $73.4 million, versus $133.8 million in the same period a year earlier. Total revenues jumped by 8.2 percent to $1.8 billion from $1.669 billion.
The company also posted an optimistic outlook for this year, targeting to generate year-on-year adjusted EBITDAR growth of 20 percent.
“Our retail adjusted EBITDAR is poised for a year of growth as we aim to build upon our recent openings in Joliet and in Las Vegas, deliver two additional retail growth projects by the end of the second quarter, and anniversary new supply in several of our markets. In our Interactive segment, we continue to expect to achieve break-even adjusted EBITDA, which will be one of several meaningful drivers of cash flow growth in 2026,’ PENN Entertainment Inc. (NASDAQ:PENN) President and CEO Jay Snowden said.
While we acknowledge the potential of PENN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. Follow Insider Monkey on Google News.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source finance.yahoo.com ’
