Caesars Entertainment (CZR) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.14. This compares to earnings of $0.82 per share a year ago.
Increased competition, construction disruptions and higher expenses are likely to have affected Caesars Entertainment's (CZR) Q2 performance.
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.
Caesars (CZR) announces a significant expansion of its mobile sports betting platform, Caesars Sportsbook, in Washington, D.C.
Sports betting has grown increasingly popular. While this industry has been around for decades, many states outlawed betting on sports, creating certain jurisdictions those looking to get in on the action would have to travel to.
Caesars (CZR) has successfully finalized the acquisition of WynnBET's Michigan iGaming operations.
Despite talk of the “revenge travel” trend cooling down, recent headlines strongly suggest that travel demand is coming back with a vengeance. Or, at the very least, holding steady at elevated levels.
Although strong corporate earnings can support the market's artificial intelligence-powered surge, sentiment is not consistently optimistic across all sectors and indexes, making undiscovered stocks the way to go at a time of mixed returns. Morgan Stanley believes economic growth will stall, which might lower stock market gains, but Goldman Sachs is forecasting an S&P 500 target of 5,100 on assumptions of a dovish Federal Reserve and cooling inflation.
Activist investor Carl Icahn has made headlines again with a significant position in casino operator Caesars Entertainment NASDAQ: CZR. This revelation caused a notable surge in Caesars' stock, which jumped 15% following the announcement.
Major U.S. equities indexes were mixed to close out the trading week and the month of May.
Hotel and casino giant Caesars Entertainment (NASDAQ: CZR ) is up big on Friday following a major development. Billionaire investor Carl Icahn — known for his activist campaigns — recently revealed a “sizable position” in CZR stock, according to people familiar with the matter.
Shares of Caesars Entertainment (CZR) spiked Friday following a Bloomberg report that billionaire investor Carl Icahn has taken "a sizable position” in the hotel and casino operator.