Caesars Entertainment Inc. (NASDAQ:CZR) ranks among billionaire David Tepper’s 10 favorite stocks. On January 21, TD Cowen cut its price target for Caesars Entertainment Inc. (NASDAQ:CZR) to $35 from $40 while retaining a Buy rating on the company’s shares. The firm highlighted a weaker near-term outlook, particularly in Las Vegas, and anticipates “some turbulence” when Caesars reports fourth-quarter 2025 earnings. TD Cowen decreased its Q4 2025 and fiscal year 2026 forecasts due to inconsistent visiting ...

We recently published 10 Market Winners With Stunning Gains. Caesars Entertainment Inc. (NASDAQ:CZR) was one of the best performers on Wednesday. Caesars Entertainment rallied for a second day on Wednesday, jumping 13.03 percent to close at $21.42 apiece as investors took heart from maintained bullish ratings from six investment firms despite lower price targets for its stock. In separate market reports on the same day, Macquarie, Truist, Deutsche, Citizens, Stifel, and Barclays all maintained “buy” reco ...

Casino operator beats Las Vegas expectations and pushes back on fears tied to prediction markets and soft leisure travel. ...

分组1 - Caesars Entertainment reported a quarterly loss of $0.33 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.18, and a decline from earnings of $0.05 per share a year ago, indicating an earnings surprise of -82.42% [1] - The company posted revenues of $2.92 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.59% and showing an increase from year-ago revenues of $2.8 billion [2] - Caesars Entertainment shares have declined approximately 22.5% since the beginning of the year, contrasting with the S&P 500's slight decline of 0.1% [3] 分组2 - The earnings outlook for Caesars Entertainment is uncertain, with current consensus EPS estimates at -$0.12 for the coming quarter and $0.04 for the current fiscal year, alongside revenues of $2.86 billion and $11.73 billion respectively [7] - The Zacks Industry Rank places Leisure and Recreation Services in the bottom 23% of over 250 Zacks industries, suggesting that the industry's outlook could significantly impact stock performance [8] - The estimate revisions trend for Caesars Entertainment was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6]

Caesars Entertainment (NasdaqGS:CZR) Q4 2025 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsAnthony Carano - President and COOBrandt Montour - Director of Equity ResearchBret Yunker - CFOBrian Agnew - SVP, Corporate Finance, Treasury, and Investor RelationsDan Politzer - Executive Director of Equity ResearchDavid Katz - Managing DirectorEric Hession - President of Caesars Sportsbook & CasinoJohn DeCree - Head of Institutional Investor ResearchLizzie Dove - Managing DirectorStephen Grambling ...

Financial Data and Key Metrics Changes - For the full year 2025, same-store enterprise net revenues increased by $266 million or 2% year-over-year [5] - Fourth quarter consolidated net revenues reached $2.9 billion, up 4% year-over-year, with adjusted EBITDA of $901 million, up 2% year-over-year [6] - Digital segment achieved an all-time quarterly EBITDA record of $85 million in Q4 despite poor volume in October [6] Business Line Data and Key Metrics Changes - Las Vegas segment reported same-store adjusted EBITDA of $447 million, down from $477 million last year, with occupancy at 92% compared to 96.5% last year [7] - Regional revenues increased by 4% year-over-year, driven by strong performance in Danville and New Orleans, although regional EBITDA declined slightly due to poor winter weather [7][10] - Digital segment net revenue for Q4 was $419 million, with adjusted EBITDA of $85 million, and full-year net revenues reached $1.4 billion, up 21% year-over-year [12][13] Market Data and Key Metrics Changes - Las Vegas occupancy improved sequentially, with a strong event calendar contributing to performance, including a record F1 event and a strong New Year's Eve [8] - Regional segment expected to benefit from a strong group mix in Reno and the transition of Windsor from a managed to an owned property [10] - Digital segment saw a 19% increase in total monthly unique players, reaching 585,000 [13] Company Strategy and Development Direction - The company is focused on reinvesting in its assets to enhance customer experiences, with several upcoming CapEx projects in Las Vegas [9] - The strategy includes refining marketing approaches to deliver strong returns on investments, particularly in the regional segment [10] - The company aims to maintain a strong digital growth trajectory, targeting 20% top-line growth with 50% flow-through to EBITDA [21] Management's Comments on Operating Environment and Future Outlook - Management noted that leisure travel remains soft but is stabilizing, with expectations for group business to offset leisure softness in the near term [17] - The company anticipates continued improvement in Las Vegas driven by stabilizing leisure trends and a strong group and convention calendar [19] - Management expressed optimism about the potential for tax refunds to act as a tailwind for consumer discretionary spending in 2026 [58] Other Important Information - The company is reducing debt while executing opportunistic share repurchases, expecting to generate significant free cash flow in 2026 [16][25] - Management indicated that fixed marketing expenses will significantly decrease in 2026 and 2027, which should positively impact EBITDA [21] Q&A Session Summary Question: Insights on Las Vegas leisure customer trends - Management indicated that the leisure customer remains soft but is expected to recover as group business improves, with no crisis in Las Vegas [28][30] Question: Expectations on iGaming legalization in Maine and Virginia - Management expressed optimism about Maine's potential launch and noted positive developments in Virginia's legislative process [32][34] Question: Thoughts on capital investments in Las Vegas - Management highlighted ongoing renovations and improvements, expecting these to enhance performance during peak events [39][41] Question: Balancing debt reduction and buybacks with free cash flow - Management plans to balance debt reduction and share repurchases based on cash flow generation, with more activity expected in the second quarter [52] Question: Drivers of other revenue line item growth - Management will provide further details on the drivers of the other revenue line item in a follow-up [53] Question: Impact of tax refunds on consumer spending - Management believes tax refunds will provide a tailwind for consumer discretionary spending in 2026 [58] Question: Digital business valuation and potential spin-off - Management indicated that current market conditions do not favor a separation transaction, focusing instead on scaling the business [89]

Financial Data and Key Metrics Changes - Caesars Entertainment reported full-year same-store enterprise net revenues increased by $266 million or 2% year-over-year, with fourth quarter consolidated net revenues of $2.9 billion, up 4% year-over-year, and adjusted EBITDA of $901 million, up 2% year-over-year [4][5] - The digital segment achieved an all-time quarterly EBITDA record of $85 million in Q4, contributing to full-year net revenues of $1.4 billion, up 21% year-over-year, and EBITDA of $236 million, up 100% year-over-year [4][12] Business Line Data and Key Metrics Changes - The Las Vegas segment reported same-store adjusted EBITDA of $447 million, down from $477 million the previous year, with occupancy at 92% compared to 96.5% last year and an ADR decrease of 5% [5][6] - The regional segment's revenues increased by 4% year-over-year, driven by strong performance in Danville and New Orleans, although regional EBITDA declined slightly due to adverse weather conditions [5][8] Market Data and Key Metrics Changes - The digital segment saw a 4% growth in mobile sports handle and a 28% net revenue growth in iCasino, driven by increased volume and average monthly active users [11][12] - Total monthly unique players increased by 19% to 585,000 in Q4, indicating strong customer engagement [12] Company Strategy and Development Direction - Caesars is focused on reinvesting in its assets, with several upcoming CapEx projects in Las Vegas aimed at enhancing customer experiences, including renovations and new attractions [6][8] - The company aims to refine its marketing approach to deliver strong returns on investments, particularly in the regional segment [9] Management's Comments on Operating Environment and Future Outlook - Management noted that leisure travel remains soft but is expected to stabilize, with group business helping to fill occupancy gaps [15][16] - The outlook for 2026 includes expectations of strong group mix benefits and continued improvements in Las Vegas and regional segments [9][19] Other Important Information - Caesars is optimistic about the potential legalization of iGaming in states like Maine and Virginia, which could provide significant revenue opportunities [30][76] - The company is also exploring the use of AI to enhance profitability and customer engagement across its operations [90] Q&A Session Summary Question: Insights on Las Vegas leisure customer trends - Management indicated that leisure travel is experiencing normal economic cycle activity, with strong event weekends helping to offset softness [25][26] Question: Expectations for iGaming legalization in Maine and Virginia - Management expressed optimism about Maine's potential launch and noted positive developments in Virginia's legislative process [30][31] Question: Balancing debt reduction and share buybacks - Management plans to balance free cash flow generation between debt reduction and share repurchases, with more activity expected in the second quarter [51][52] Question: Drivers of other revenue line item in Las Vegas - Management will provide further details on the drivers of the other revenue line item in a follow-up [53] Question: Impact of tax refunds on consumer spending - Management believes tax refunds could serve as a tailwind for consumer discretionary spending in 2026 [56] Question: Digital business performance and customer acquisition - Management noted improvements in customer retention and acquisition costs, contributing to growth in monthly active users [84][102]

Caesars Entertainment Investor Presentation February 17, 2026 Forward Looking Statements Certain information in this presentation constitutes forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts and by the use of words such as "will," "may," "expect," "project," "positioned," or the negative or other variations thereof or comparable terminology. In ...

Here's a look at the details in the report. CZR stock is moving. Watch the price action here.The Details: Caesars Entertainment reported quarterly losses of 33 cents per share which missed the analyst estimate for losses of 17 cents, according to data from Benzinga Pro. Quarterly revenue clocked in at $2.92 billion which beat the Street estimate of $2.89 billion and was up from $2.8 billion in the same period last year.Same-store adjusted EBITDA was $901 million versus $882 million for the comparable prior- ...

The betting company says the decrease in profit was primarily driven by gains on asset sales of more than $350 million in the prior-year quarter. ...