PENN Entertainment shares fall 2.48% after-hours following Q2 earnings report.

Penn Entertainment, Inc. dropped 2.48% in after-hours trading. The company reported its second-quarter results, with a loss of $17.4 million, or 12 cents per share. However, earnings, adjusted for asset impairment costs and non-recurring costs, were 10 cents per share, exceeding Wall Street expectations. The company also reported revenue of $1.77 billion, surpassing Street forecasts.