Revenue segments as reported by the company.

Casino and pari-mutuel commissions

Food and beverage

Hotel

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Corporate

Impairment charges

Depreciation and amortization

Transaction costs and other operating costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Caesars Entertainment

Caesars Entertainment, Inc. engages in the management of casinos and resorts under the Caesars, Harrah's, Horseshoe, and Eldorado brands. It operates through the following segments: West, Midwest, South, East, and Central. The West segment consists of gaming and hotel properties in Nevada and Colorado. The Midwest segment includes dockside casinos in Iowa and land-based casinos in Missouri. The South segment manages dockside casinos in Louisiana and Mississippi, a land-based casino in Mississippi, and a racino in Florida. The East segment consists of a racino in Ohio and a casino in New Jersey. The Central segment manages casinos in Indiana, Illinois, and Missouri. The company was founded in 1937 and is headquartered in Reno, NV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Caesars Entertainment reports strong Q1 performance and outlines growth plans

Caesars Entertainment's Q1 2023 earnings call highlighted strong performance in Vegas and digital segments, with plans for capital projects and expansions. Challenges in regional segments and potential opportunities in digital initiatives and debt reduction were discussed.

Caesars Entertainment reports strong Q2 earnings, eyes digital growth

Caesars Entertainment's Q2 earnings call highlighted robust financial performance, successful acquisitions, and a focus on future growth opportunities. The company aims to exceed $500 million annual EBITDA by 2025 and remains optimistic about its strategic positioning in the market.

Caesars Entertainment achieves record earnings, eyes digital growth opportunities

Caesars Entertainment delivered a strong performance in Q3 2023, marked by record revenues and operational efficiencies. While facing challenges in project licensing and digital hold percentages, the company is well-positioned for long-term growth. Opportunities in iGaming and stock buybacks offer avenues for continued success.

Caesars Entertainment reports strong Q4 performance and eyes digital growth

Caesars Entertainment showcased strong performance in Q4, navigating challenges and focusing on digital segment growth and strategic partnerships.
Resilience in the face of headwinds, anticipation of strong regional property performance, and market outperformance in digital segments highlight strategic strengths.
Challenges include operational hurdles in Las Vegas, labor turnover stabilization, and balancing growth targets amidst uncertainties.
Opportunities lie in iGaming expansion, customer experience enhancements, leveraging events for business growth, and optimizing digital segment performance.

Caesars Entertainment faces challenges but sees growth in digital gaming

Caesars Entertainment's Q1 2024 performance showed mixed results with revenue decline but growth in digital gaming. Strategic moves like debt refinancing, new financing, and cost management initiatives are in place. The company aims to capitalize on opportunities in digital gaming expansion and partnerships for future growth.

Caesars Entertainment reports steady Q2 results amidst segment variations

Caesars Entertainment delivered steady financial performance in Q2 2024, with notable achievements in the Las Vegas and Digital segments.
While facing challenges in the regional segment, the company demonstrated financial discipline through free cash flow management.
Future prospects include capital investment completion, regional segment improvement, and digital segment expansion, presenting opportunities for growth.
Addressing analyst inquiries on various operational aspects will be crucial for Caesars Entertainment's strategic decision-making and performance enhancement.

Caesars Entertainment reports solid Q3 earnings, focuses on digital growth

Caesars Entertainment's Q3 2024 performance showcased strength in digital segments, offset by challenges in regional markets and debt management.
The company's focus on debt reduction, asset sales, and digital growth highlights strategic initiatives for future success.
Overall, Caesars remains optimistic about its digital business and is actively pursuing opportunities to enhance financial performance and operational efficiency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Caesars Entertainment, Inc. engages in the management of casinos and resorts under the Caesars, Harrah's, Horseshoe, and Eldorado brands. It operates through the following segments: Las Vegas, Regional, Caesars Digital, Managed and Branded, and Corporate and Other. The company was founded in 1937 and is headquartered in Reno, NV.

LAS VEGAS--(BUSINESS WIRE)--Guests were tickled pink at last night's grand opening event for Lisa Vanderpump's newest restaurant and cocktail bar, Pinky's by Vanderpump, at Flamingo Las Vegas. Friends of Vanderpump joined the party to celebrate, including actors Jesse Bradford and Andrea Watrouse, reality television stars Tom Schwartz and Peter Madrigal, and the cast from Vanderpump's latest show, “Vanderpump Villa.” Pinky's by Vanderpump (coined after Vanderpump's nickname, “Pinky”) features p.

Lisa Vanderpump Throws an Epic Grand Opening Party For Pinky's by Vanderpump at Flamingo Las Vegas

Caesars Entertainment needs a recapitalization program, blending refinancing and potential property sell-offs, to address its $11.7 billion long-term debt. JPMorgan's latest analyst focus list shows a 58% upside in the price target for CZR, highlighting its strong asset base. CZR's 65 million-member rewards database provides stability against debt concerns, maintaining its position as a leader in the sector.

Caesars: 2 Obstacles Stand Between It And A $51 Price Target

LAS VEGAS--(BUSINESS WIRE)--A freshly baked dining concept awaits at Paris Las Vegas. In partnership with Caesars Entertainment, Chef Dominique Ansel – James Beard Award-winning pastry chef and the creator of the Cronut® – will open his second venue on the Las Vegas Strip, Dominique Ansel Marché at Paris Las Vegas, on Friday, Dec. 6 at noon. As a “thank you” to those looking to take the first bites of Chef Dominique's signature creations, the first 50 guests will receive a commemorative gift in.

Dominique Ansel Marché Debuts at Paris Las Vegas Dec. 6

DANVILLE, Va.--(BUSINESS WIRE)-- #caesars--Caesars Virginia is excited to announce its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date. Caesars Virginia is a 587,000 square foot casino resort with more than 90,000 square feet of gaming space, including nearly 1,500 of the newest, most exciting slots, 79 live-action table games, 48 electronic table gam.

Caesars Virginia Opens Dec. 12, 2024

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.

Casino Stock Crumbles on Surprise Q3 Loss

CZR's third-quarter 2024 results reflect soft contributions from four of its five reportable segments, with benefits realized from the Caesars Digital segment.

Caesars Entertainment Reports Q3 Loss, Misses Revenue Estimates

Caesars Entertainment, Inc. (NASDAQ:CZR ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Brian Agnew - SVP, Corporate Finance, Treasury and IR Anthony Carano - President and COO Eric Hession - President, Caesars Sports and Online Gaming Bret Yunker - CFO Tom Reeg - CEO Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Brandt Montour - Barclays Dan Politzer - Wells Fargo Steven Wieczynski - Stifel David Katz - Jefferies Barry Jonas - Truist Securities Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley John DeCree - CBRE Chad Beynon - Macquarie Jordan Bender - Citizens JMP Daniel Guglielmo - Capital One Securities Operator Hello, and welcome to Caesars Entertainment's 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Caesars Entertainment, Inc. (CZR) Q3 2024 Earnings Call Transcript

The headline numbers for Caesars Entertainment (CZR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Caesars Entertainment (CZR) Reports Q3 Earnings: What Key Metrics Have to Say

Caesars Entertainment (CZR) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.21. This compares to earnings of $0.34 per share a year ago.

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

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced an agreement to sell the LINQ Promenade to a joint venture to be formed between TPG Real Estate (“TPG”) and the Investment Management Platform of Acadia Realty Trust (“Acadia”) for $275 million. This sale is subject to customary approvals and other closing conditions and is expected to close during the fourth quarter 2024. “The sale of the LINQ Promenade represents an accretive, non-co.

Caesars Entertainment, Inc. Enters into Definitive Agreement to Sell the LINQ Promenade

TORONTO & LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the closing of the previously announced sale of its intellectual property rights for the World Series of Poker® (“WSOP”) brand to NSUS Group Inc. (“NSUS”). As previously disclosed, the transaction includes US$250 million in cash and a $250 million promissory note due five years after the transaction's closing secured by the WSOP intellectual property assets being sold. Caesars retains the.

Caesars Entertainment Closes Sale of World Series of Poker® Brand to NSUS Group for US$500 million

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Highlights: GAAP net revenues of $2.9 billion versus $3.0 billion for the comparable prior-year period. GAAP net loss of $9 million compared to net income of $74 million for the comparable prior-year period. Same-store Adjusted EBITDA of $1.0 billion versus $1.

Caesars Entertainment, Inc. Reports Third Quarter 2024 Results

CZR's third-quarter 2024 results are likely to reflect the impact of increased competition, construction disruptions and higher expenses.

Caesars Entertainment to Report Q3 Earnings: What's in the Offing?

Boyd Gaming

Disney

Flutter Entertainment PLC

Las Vegas Sands

MGM Resorts

Penn Entertainment

The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.

Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth

NEW ORLEANS--(BUSINESS WIRE)--Caesars Entertainment celebrated the completion of its $435 million transformation of Harrah's to Caesars New Orleans on Tuesday, Oct. 22. The raucous event began outside of the casino on Canal St. with a ceremony led by Caesars Entertainment CEO Tom Reeg, Caesars Entertainment President & COO Anthony Carano and Caesars New Orleans General Manager, Samir Mowad, where they, alongside Caesar, joined an iconic New Orleans second-line band in a procession into the.

Caesars Entertainment Celebrates Completion of $435M Transformation of Caesars New Orleans

Caesars Entertainment (CZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Caesars Entertainment (CZR) Q3 Earnings Expected to Decline

Churchill Downs

Golden Entertainment

Genius Sports

The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.

6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'

CZR benefits from the strong performance in Las Vegas, record occupancy and growth of its sports betting segment.

Caesars Entertainment Rises 24% in a Month: How to Play the Stock?

Caesars Entertainment partners with Sault Ste. Marie Tribe of Chippewa Indians to unveil Horseshoe Online Casino in Michigan.

CZR Boosts Digital Gaming With Horseshoe Online Casino Launch

LAS VEGAS--(BUSINESS WIRE)--A legendary casino brand known for providing unparalleled customer satisfaction is bringing its player-centric gaming experience to the online world. Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the launch of Horseshoe Online Casino, a cutting-edge online casino app and desktop platform developed for the seasoned casino player. Horseshoe Online Casino builds on the legacy of the Horseshoe brand, a leader in providing exceptional gaming experi.

Caesars Entertainment Launches its Newest Proprietary iGaming Platform, Horseshoe Online Casino

Gaming and Leisure Properties

Medical Properties Trust

Realty Income Corp

Sila Realty Trust Inc

Vici Properties

Vanguard Real Estate ETF

We have recently identified some new opportunities. Real estate businesses remain undervalued. We present 2 of our newest top picks.

2 New Top Picks Revealed

October 3, 2024 - Caesars Entertainment (CZR, Financial), the parent company of iconic casinos like Caesar Palace, Harrah's, revealed a $500 million stock repurchase plan to buy back its own shares and issued a $1 billion bond offering. The money from the debt sale is said to be used to pay off older debt, freeing up cash for the repurchase, and potentially improving their overall financial health.

Caesars Entertainment Promising Better Financial Position

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (the “Company”) today announced the pricing of its previously announced offering of Senior Notes due 2032 (the “Notes”) at an interest rate of 6.000% per annum and an issue price equal to 100% of the principal amount of the Notes. The offering is expected to close on or about October 17, 2024, subject to customary closing conditions. The Notes were offered in a private placement to qualified institutional buyers.

Caesars Entertainment, Inc. Announces Pricing of Offering of Senior Notes

Caesars Entertainment (CZR) shares jumped Wednesday after the hotel and casino operator announced a big new stock buyback, along with a bond offering to pay off older debt.

Why Caesars Entertainment Stock Jumped to a 6-Month High Wednesday

Shares of Caesars Entertainment Inc (CZR, Financial) surged 6.40% in mid-day trading on Oct 2. The stock reached an intraday high of $43.73, before settling at $43.41, up from its previous close of $40.80.

News for Caesars Entertainment Stock (CZR)