Caesars Entertainment (CZR) Reports Q2 Loss, Tops Revenue Estimates

Caesars Entertainment (CZR) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of $0.07. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -657.14%. A quarter ago, it was expected that this casino and resort operator would post a loss of $0.19 per share when it actually produced a loss of $0.54, delivering a surprise of -184.21%.Over the last four quarters, ...