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

Caesars Entertainment (CZR) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to a loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -145.45%. A quarter ago, it was expected that this casino and resort operator would post earnings of $0.07 per share when it actually produced a loss of $0.39, delivering a surprise of -657.14%.Over the last four qu ...