Caesars Entertainment(CZR)

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Caesars Entertainment Q1 Earnings Lag Estimates, Revenues Top
ZACKS· 2025-04-30 18:40
Caesars Entertainment, Inc. (CZR) reported mixed first-quarter 2025 results with earnings missing the Zacks Consensus Estimate and revenues surpassing the same. Nonetheless, both top and bottom lines improved on a year-over-year basis.The company’s first-quarter performance was driven by record results in the Digital segment. Growth in the regional segment, supported by recently opened properties, and solid performance in Las Vegas, despite a tough comparison to last year’s Super Bowl period, also aided the ...
Caesars Entertainment(CZR) - 2025 Q1 - Earnings Call Transcript
2025-04-30 02:09
Caesars Entertainment (CZR) Q1 2025 Earnings Call April 29, 2025 10:09 PM ET Speaker0 and thank you for standing by. Welcome to the Caesars Entertainment First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Brian Agnew, Senior Vice President of Corpor ...
Caesars Entertainment (CZR) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-04-29 22:10
Caesars Entertainment (CZR) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -184.21%. A quarter ago, it was expected that this casino and resort operator would post a loss of $0.15 per share when it actually produced earnings of $0.05, delivering a surprise of 133.33%.Over the last four quart ...
Caesars Entertainment(CZR) - 2025 Q1 - Quarterly Report
2025-04-29 20:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36629 CAESARS ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...
Caesars Entertainment(CZR) - 2025 Q1 - Quarterly Results
2025-04-29 20:20
Exhibit 99.1 Caesars Entertainment, Inc. Reports First Quarter 2025 Results LAS VEGAS and RENO, Nev. (April 29, 2025) – Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the first quarter ended March 31, 2025. First Quarter 2025 and Recent Highlights: Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, "During the first quarter of 2025, consolidated Adjusted EBITDA grew 4% over prior year driven by significant ...
Caesars Entertainment (CZR) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
ZACKS· 2025-04-22 15:07
The market expects Caesars Entertainment (CZR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 29, 2025, might help the stock move higher if these key numb ...
Why Is Caesars Entertainment (CZR) Down 20.1% Since Last Earnings Report?
ZACKS· 2025-03-27 16:31
A month has gone by since the last earnings report for Caesars Entertainment (CZR) . Shares have lost about 20.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Caesars Entertainment due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving ...
Carl Icahn brings two directors to Caesars' board. What could be next as the activist aims to build value
CNBC· 2025-03-22 12:55
Company Overview - Caesars Entertainment operates through several segments including Las Vegas, Regional, Caesars Digital, and Managed and Branded properties, offering a range of gaming, entertainment, and hospitality services [1] - The company has properties under the Caesars, Harrah's, Horseshoe, and Eldorado brand names [1] Recent Developments - Carl Icahn and Caesars reached an agreement to expand the board to 12 directors, appointing Jesse Lynn and Ted Papapostolou as new directors [2][5] - Icahn has a history with Caesars, advocating for a strategic review and supporting the merger with Eldorado in 2020 [3][4] Financial Performance - Caesars' revenue increased from $9.6 billion in 2021 to $11.2 billion, with operating income rising from $1.7 billion to $2.3 billion [4] - Despite revenue growth, Caesars' stock price has declined below pre-merger levels, indicating market challenges [4] Digital Business Insights - Caesars Digital generated $1.16 billion in revenue in 2024, accounting for 10.3% of total revenue, with a 19.5% growth from the previous year [5] - Digital's EBITDAR surged 207.9% from 2023 to 2024, with projections for another 160.9% increase in 2025 [5] - The digital segment is growing significantly compared to the stagnation in the brick-and-mortar segments, which saw revenue declines [5] Strategic Considerations - A potential spin-off of Caesars Digital could unlock significant value, with estimates suggesting a standalone valuation of $4.6 billion to $7.6 billion [5] - The separation would allow investors to choose between a stable legacy casino business and a high-growth digital business [5] - Icahn's involvement is seen as a positive influence, with expectations that he will work creatively to maximize shareholder value [7][8]
Bluesky wants 'a world without Caesars' for social media
Techxplore· 2025-03-12 17:34
Core Insights - Bluesky CEO Jay Graber emphasized the need for decentralized decision-making in social media, contrasting with the centralized control seen in platforms like X and Meta [3][5][8] - The platform aims to provide a user-friendly experience, allowing users to easily register and navigate without needing extensive technical knowledge [12] - Bluesky has over 30 million users and is rapidly expanding, although it still lags behind competitors like X and Meta's Threads, which has nearly ten times as many users [7][11] Company Overview - Bluesky was initially a side project at Twitter but became independent before Elon Musk's acquisition of Twitter [7] - The leadership team consists of two women, Graber and Wang, who lead a global team of about 20 people [7] - The platform is designed to allow users to create personalized experiences through specialized content feeds [9][10] Market Position - Bluesky is attracting left-leaning users seeking alternatives to X's perceived toxicity and right-wing bias [11] - The platform distinguishes itself from competitors like Mastodon by prioritizing simplicity in user registration and navigation [12] - Despite its growth, Bluesky faces challenges in scaling and developing sophisticated tools compared to established platforms [13] Future Outlook - The company views 2025 as a pivotal year for growth and aims to create a safe, moderated space for users to engage and connect [14] - Bluesky is introducing creator-friendly features, which may enhance its appeal to content creators seeking more control [13]
Caesars Entertainment Needs To Dodge The Obstacles
Seeking Alpha· 2025-03-03 18:05
I've been contributing to Seeking Alpha and other investment websites since 2011, with a general (though far from rigid) focus on value over growth. I got my Series 7 and 63 back in 1999, and watched the dot-com bubble peak and then burst in real time at a small, tech-focused retail brokerage in NYC.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article mysel ...