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Cash flow continues to be strong on the Las Vegas Strip.
Caesars Entertainment (CZR) second-quarter 2024 results suffer due to dismal Las Vegas revenues and competitive pressure in the Regional segment.
Caesars Entertainment, Inc. (NASDAQ:CZR ) Q2 2024 Earnings Conference Call July 30, 2024 5:30 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 Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Brandt Montour - Barclays Dan Politzer - Wells Fargo Steven Wieczynski - Stifel Shaun Kelley - Bank of America Barry Jonas - Truist Securities John DeCree - CBRE Securities David Katz - Jefferies Chad Beynon - Macquarie Jordan Bender - JMP Securities Daniel Guglielmo - Capital One Securities Operator Hello, thank you for standing by. Welcome to Caesars Entertainment, Inc. 2024 Second Quarter Earnings Call.
The headline numbers for Caesars Entertainment (CZR) give insight into how the company performed in the quarter ended June 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) 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.
LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR), the largest casino-entertainment company in the U.S., was awarded the Corporate Social Responsibly Award at the National Council on Problem Gambling's National Awards on Friday, July 19. Caesars won the coveted award based on the Company's long-standing dedication to Responsible Gaming and its pioneering Universal Exclusion and 21+ Gaming policies implemented at the Company in 2023. The Corporate Social Responsibility Award.
Caesars (CZR) announces a significant expansion of its mobile sports betting platform, Caesars Sportsbook, in Washington, D.C.