Previous close | 37.57 |
Open | 37.03 |
Bid | 35.82 x 1100 |
Ask | 35.91 x 1100 |
Day's range | 35.76 - 37.26 |
52-week range | 35.76 - 60.27 |
Volume | |
Avg. volume | 3,255,282 |
Market cap | 7.748B |
Beta (5Y monthly) | 2.81 |
PE ratio (TTM) | 9.84 |
EPS (TTM) | 3.64 |
Earnings date | 30 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 58.00 |
Despite a surge in visitors in Las Vegas due to the Super Bowl, the biggest sporting event in the U.S., Caesars reported a fall in its non-gaming segments such as dining and retail, as well as its gaming operations. "Caesars Digital delivered strong revenue growth despite lower-than-expected hold in online sports due to unfavorable outcomes for the Super Bowl and March Madness," said CEO Tom Reeg in a statement.
Challenges Persist as Caesars Reports a Deeper Net Loss and Revenue Decline
Hotel and casino entertainment company Caesars Entertainment (NASDAQ:CZR) missed analysts' expectations in Q1 CY2024, with revenue down 3.1% year on year to $2.74 billion. It made a GAAP loss of $0.73 per share, down from its loss of $0.63 per share in the same quarter last year.