Caesars Entertainment (CZR) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Caesars Entertainment reported revenue of $2.79 billion for the quarter ended March 2025, reflecting a year-over-year increase of 1.9% and a surprise of +0.50% over the Zacks Consensus Estimate of $2.78 billion [1] - The company's EPS was -$0.54, slightly improved from -$0.55 in the same quarter last year, but significantly below the consensus estimate of -$0.19, resulting in an EPS surprise of -184.21% [1] Financial Performance Metrics - Net Revenues from Las Vegas were $1 billion, which was below the four-analyst average estimate of $1.03 billion, showing a year-over-year decline of -2.4% [4] - Managed and Branded Net Revenues were reported at $67 million, slightly below the average estimate of $69.34 million, with a year-over-year change of -1.5% [4] - Caesars Digital Net Revenues reached $335 million, close to the average estimate of $336.18 million, marking an 18.8% increase year over year [4] - Regional Net Revenues were $1.39 billion, exceeding the average estimate of $1.37 billion, with a year-over-year growth of +1.7% [4] - Adjusted EBITDA for Las Vegas was $433 million, nearly matching the average estimate of $433.44 million [4] - Adjusted EBITDA for Regional operations was $440 million, surpassing the average estimate of $430.71 million [4] - Caesars Digital Adjusted EBITDA was $43 million, exceeding the average estimate of $34.07 million [4] - Adjusted EBITDA for Managed and Branded was $16 million, below the average estimate of $18.35 million [4] Stock Performance - Shares of Caesars Entertainment have returned +12.2% over the past month, contrasting with the Zacks S&P 500 composite's -0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]