Caesars Entertainment (CZR) Reports Q3 Loss, Misses Revenue Estimates

Caesars Entertainment (CZR) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.21. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -119.05%. A quarter ago, it was expected that this casino and resort operator would post earnings of $0.14 per share when it actually produced break-even earnings, delivering a surprise of -100%. Over the last four quarters ...