Caesars Entertainment (CZR) reported earnings 30 days ago. What's next for the stock?
COOS BAY, Ore. & LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today accepted sports wagers in Oregon for the first time, made possible through a partnership with the Coquille Indian Tribe in Coos Bay. The ceremonial first bet was placed on Caesars Sportsbook self-service wagering kiosks inside the Coquille Indian Tribe's premier gaming and hospitality destination, Ko-Kwel Casino Resort | Coos Bay, previously known as The Mill Casino, which today celebrated i.
Caesars Entertainment (CZR) stock is trading below its May 2020 levels, despite being a leader in gaming — suggesting room for a huge rally. At just above $27, CZR trades at under 8x EV/EBITDAR, a discount compared to some U.S. peers. The company aggressively bought back shares at $24. But there's a reason why long-term results have been disappointing: clearly, the market simply doesn't quite trust the business or management.
CZR's first-quarter 2025 results reflect strength in the Digital segment, contributions from new properties and stable performance in Las Vegas despite a tough year-over-year comparison.
Caesars Entertainment, Inc. (NASDAQ:CZR ) Q1 2025 Earnings Conference Call April 29, 2025 5:00 PM ET Company Participants Brian Agnew - Senior Vice President, Corporate Finance, Treasury & Investor Relations Anthony Carano - President & Chief Operating Officer Eric Hession - President, Caesars Sports & Online Gaming Bret Yunker - Chief Financial Officer Tom Reeg - Chief Executive Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Brandt Montour - Barclays Steve Muszynski - Stifel David Katz - Jefferies Barry Jonas - Truist Shaun Kelley - Bank of America John DeCree - CBRE Chad Beynon - Macquarie Jordan Bender - Citizens Jordan Daniel Guglielmo - Capital One Stephen Grambling - Morgan Stanley Operator Good day and thank you for standing by. Welcome to Caesars Entertainment First Quarter 2025 Earnings Conference Call.
The headline numbers for Caesars Entertainment (CZR) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Caesars Entertainment (CZR) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.55 per share a year ago.
LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) today announced it has successfully integrated pari-mutuel horse race wagering into the Caesars Sportsbook app in two U.S. jurisdictions ahead of this year's Kentucky Derby. Now, horse racing fans in Kentucky and Colorado can conveniently toggle between the elevated sports wagering experience on the Caesars Sportsbook app and the Caesars Racebook wagering interface, powered by NYRA Bets. The seamless shared wallet experience.
CZR's first-quarter top line is likely to have been aided by new openings and strong digital segment performance.
Caesars Entertainment (CZR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ATLANTIC CITY, N.J. & LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the launch of its first branded, live dealer studio inside one of its world-class destinations made possible through its partnership with Evolution. The debut of the space inside Tropicana Atlantic City in New Jersey marks the second custom studio made for Caesars live dealer offerings on its online casino platforms following the launch of its first such studio in Pennsylvania.
LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the first quarter after the market closes on Tuesday, April 29, 2025. The company will also host a conference call on April 29, 2025, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company. Participants may register for the call by clicking here. Once registered, participants will receive an email with the dial-in n.