Caesars Entertainment, Inc. (CZR) reported drab first-quarter 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate. Also, the top and the bottom line declined on a year-over-year basis.Following the results, the diversified gaming and hospitality company’s shares dropped 3% in the after-market trading session on Apr 30, 2024.Earnings & Revenue DiscussionDuring the quarter, the company recorded an adjusted loss per share of 55 cents, wider than the Zacks Consensus Estima ...

Caesars Entertainment, Inc. (NASDAQ:CZR) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Brian Agnew – Senior Vice President-Corporate Finance, Treasury and Investor Relations Tom Reeg – Chief Executive Officer Anthony Carano – President and Chief Operating Officer Eric Hession – President-Caesars Sports and Online Gaming Bret Yunker – Chief Financial Officer Conference Call Participants Carlo Santarelli – Deutsche Bank Joe Greff – JPM Brandt Montour – Barclays Steven Wieczyn ...

Caesars Entertainment (CZR) reported $2.74 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 3.1%. EPS of -$0.55 for the same period compares to $0.09 a year ago.The reported revenue represents a surprise of -2.92% over the Zacks Consensus Estimate of $2.82 billion. With the consensus EPS estimate being -$0.03, the EPS surprise was -1733.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

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, 2024 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 ...

Exhibit 99.1 Caesars Entertainment, Inc. Reports First Quarter 2024 Results LAS VEGAS and RENO, Nev. (April 30, 2024) – Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Highlights: ____________________ * Not meaningful Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, "Operating results during the first quarter in Las Vegas are a combinati ...

Caesars Entertainment, Inc. (CZR) is scheduled to report first-quarter 2024 results on Apr 30, after the closing bell. In the last reported quarter, the company reported a negative earnings surprise of 1033.3%.The Trend in Estimate RevisionThe Zacks Consensus Estimate is pegged at a loss of 3 cents per share. In the prior-year quarter, CZR reported an earnings per share of 6 cents. The estimated figure has declined from earnings of 15 cents in the past 60 days. For revenues, the consensus mark is pegged at ...

Investors closely monitor insider buys. But who are ‘insiders’?An insider is defined by Section 16 of the Security Exchange Act as an officer, director, 10% stockholder, or anyone who possesses information because of their relationship with the company.Of course, many strict rules apply to insiders. Notably, they have a longer holding period than most, a critical aspect investors should know.Several companies – Grief (GEF) , SentinelOne (S) , and Ceasars Entertainment (CZR) – have all seen recent insider ac ...

RudyBalasko Caesars (NASDAQ:CZR) shares have significantly underperformed the broader market since my July article with Caesars stock price down nearly 20% while the S&P 500 (SPY) is up nearly 17%. Given the magnitude of the underperformance, one might expect that Caesars has experienced some sort of business headwinds. However, this is not the case as Caesars continues to generate excellent results - Vegas is producing record results, the regional business remains resilient, and the digital business ha ...

Caesars Entertainment (CZR) launched its Caesars Sportsbook app statewide in North Carolina, following its successful introduction on tribal lands. This expansion underscores the company's commitment to tapping into the Tar Heel State's vibrant sports betting market. With thousands of game markets, prop bets and live betting options, the app provides an immersive sports wagering experience to users across North Carolina.The integration with Caesars Rewards further enhances the appeal of the platform, offeri ...

RALEIGH, N.C.--(BUSINESS WIRE)--After becoming the first sportsbook to offer mobile sports wagering in North Carolina on Eastern Band of Cherokee Indians Tribal Lands and at Harrah’s Cherokee Casino Resort and Harrah’s Cherokee Valley River Casino & Hotel, Caesars Sportsbook is now accepting mobile sports wagers across the Tar Heel State. The full launch of Caesars Sportsbook, the premier sports betting platform operated by Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”), builds on the longstanding pa ...