PENN Entertainment (STU:PN1) Other Operating Expense : €404 Mil (TTM As of Dec. 2023)

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What is PENN Entertainment Other Operating Expense?

PENN Entertainment's Other Operating Expense for the three months ended in Dec. 2023 was €102 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was €404 Mil.

PENN Entertainment's quarterly Other Operating Expense declined from Jun. 2023 (€102 Mil) to Sep. 2023 (€99 Mil) but then increased from Sep. 2023 (€99 Mil) to Dec. 2023 (€102 Mil).

PENN Entertainment's annual Other Operating Expense increased from Dec. 2021 (€305 Mil) to Dec. 2022 (€536 Mil) but then declined from Dec. 2022 (€536 Mil) to Dec. 2023 (€399 Mil).

PENN Entertainment Other Operating Expense Historical Data

The historical data trend for PENN Entertainment's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PENN Entertainment Other Operating Expense Chart

PENN Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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372.78

301.43

304.88

535.72

398.99

PENN Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															141.88	100.41	102.08	99.13	101.97

PENN Entertainment Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €404 Mil.

PENN Entertainment Other Operating Expense Related Terms

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PENN Entertainment (STU:PN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PENN Entertainment Inc (STU:PN1) » Definitions » Other Operating Expense

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Traded in Other Exchanges

PENN:USA

Address

825 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610

Website

https://www.pngaming.com

Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands (such as Hollywood Casino and Ameristar), with land-based casinos representing 90% of total sales in 2022 (10% was from the interactive segment, which includes sports, iGaming, and media revenue). The retail portfolio generates high-30% EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch Nov. 14, 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.

PENN Entertainment (STU:PN1) Headlines

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