Caesars Entertainment (CZR) Q1 Earnings & Revenues Lag Estimates
CZRCaesars Entertainment(CZR) Zacks Investment Research·2024-05-02 00:21

Caesars Entertainment, Inc. (CZR) reported drab first-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.Following the results, the diversified gaming and hospitality company’s shares dropped 3% in the after-market trading session on Apr 30, 2024.Earnings & Revenue DiscussionDuring the quarter, the company recorded an adjusted loss per share of 55 cents, wider than the Zacks Consensus Estima ...