Casino Stock Crumbles on Surprise Q3 Loss
Caesars Entertainment(CZR) Schaeffers Investment Research·2024-10-31 02:57
Shares of casino stock Caesars Entertainment Inc (NASDAQ:CZR) are down 9.2% at $41.13 at last glance, after the company reported third-quarter losses of 4 cents per share, compared to the profits of 12 cents per share anticipated by analysts. Revenue also missed estimates, after the casino operator faced constructionrelated disruptions in New Orleans during the property's $435 million renovation, among other headwinds. Several analysts chimed in with minor price-target adjustments in either direction. The 1 ...