Caesars Entertainment (CZR) Q2 Earnings & Revenues Lag Estimates
Caesars Entertainment(CZR) ZACKS·2024-07-31 22:20
Caesars Entertainment, Inc. (CZR) reported second-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.Although the regional segment saw competition in new markets, the Las Vegas segment performed well with record same-store revenues, high hotel occupancy and peak Average Daily Rate (ADR).Following the results, the diversified gaming and hospitality company’s shares increased 3.8% in the after ...