Caesars Entertainment, Inc.

CZR

US12769G1004

Casinos & Gaming

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
36.61 ^USD	-3.76%		-4.16%	-21.91%

Apr. 23	Truist Lowers Price Target on Caesars Entertainment to $58 From $62, Keeps Buy Rating	MT
Apr. 19	JMP Securities Adjusts Price Target on Caesars Entertainment to $62 From $65	MT

Caesars Entertainment, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 20, 2024 at 04:12 pm EST

Caesars Entertainment, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 8,457 million compared to USD 7,954 million a year ago. Revenue was USD 11,528 million compared to USD 10,821 million a year ago.

Net income was USD 786 million compared to net loss of USD 899 million a year ago. Basic earnings per share from continuing operations was USD 3.65 compared to basic loss per share from continuing operations of USD 2.39 a year ago. Diluted earnings per share from continuing operations was USD 3.64 compared to diluted loss per share from continuing operations of USD 2.39 a year ago.

Basic earnings per share was USD 3.65 compared to basic loss per share of USD 4.19 a year ago. Diluted earnings per share was USD 3.64 compared to diluted loss per share of USD 4.19 a year ago.

Latest news about Caesars Entertainment, Inc.

Truist Lowers Price Target on Caesars Entertainment to $58 From $62, Keeps Buy Rating	Apr. 23	MT
JMP Securities Adjusts Price Target on Caesars Entertainment to $62 From $65	Apr. 19	MT
Barclays Adjusts Price Target on Caesars Entertainment to $63 From $65	Apr. 19	MT
Wells Fargo Trims Price Target on Caesars Entertainment to $67 From $68	Apr. 15	MT
Deutsche Bank Adjusts Caesars Entertainment Price Target to $59 From $62, Maintains Buy Rating	Apr. 12	MT
Caesars Sportsbook Launches Mobile Wagering At Harrah's Gulf Coast in Mississippi	Apr. 10	CI
DraftKings Poised for 'Solid' Quarter Amid Gaming Stocks' Underperformance, Morgan Stanley Says	Apr. 09	MT
Morgan Stanley Lifts Price Target on Caesars Entertainment to $45 From $44, Keeps Equalweight Rating	Apr. 09	MT
News Highlights : Top Company News of the Day - Friday at 5 AM ET	Mar. 29	DJ
News Highlights : Top Company News of the Day - Friday at 3 AM ET	Mar. 29	DJ
News Highlights : Top Company News of the Day - Friday at 1 AM ET	Mar. 29	DJ
News Highlights : Top Company News of the Day - Thursday at 9 PM ET	Mar. 28	DJ
News Highlights : Top Company News of the Day - Thursday at 7 PM ET	Mar. 28	DJ
Federal Government Backs Tourists in Atlantic City Casino Hotel Suit -- Update	Mar. 28	DJ
Federal Government Backs Tourists in Atlantic City Casino Hotel Suit	Mar. 28	DJ
Stocks in motion: Gambling stocks in trouble, Cintas rises	Mar. 27
Gambling Stocks Fall Amid Report of Federal Scrutiny of VIP Programs	Mar. 27	MT
Caesars' Mobile Sports Wagering Platform Expands to Entirety of North Carolina	Mar. 11	MT
Caesars Entertainment Insider Bought Shares Worth $621,750, According to a Recent SEC Filing	Mar. 07	MT
Caesars Entertainment, Inc. and National Hockey League Announce A Renewal of Their United States Partnership	Mar. 07	CI
Caesars Entertainment Launches Mobile Sports Betting App in North Carolina	Mar. 01	MT
UnitedHealth hackers say they stole 'millions' of records, then delete statement	Feb. 28	RE
US pharmacy outage triggered by 'Blackcat' ransomware at UnitedHealth unit, sources say	Feb. 26	RE
Exclusive-US pharmacy outage triggered by ransomware at unit of UnitedHealth, sources say	Feb. 26	RE
VICI Properties forecasts 2024 FFO below estimates hit by high interest rates	Feb. 22	RE

Chart Caesars Entertainment, Inc.

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Company Profile

Caesars Entertainment, Inc. specializes in the holding and operation of gaming establishments and hotel complexes. At the end of 2023, the group operated 52 establishments under the Caesars Palace, Harrah's, Horseshoe, Eldorado, Silver Legacy, Circus Circus Reno, Tropicana, Paris Las Vegas, Planet Hollywood Resort & Casino, The Cromwell, Grand Victoria Casino and Isle Casino brands. Net sales break down by activity as follows: - casino operations (55.4%): approximately 51,300 slot machines and video lottery terminals and approximately 2,700 gaming tables operated at the end of 2023. The group is also developing a sports betting and online gambling operating activity; - hotel operations (18.1%): 44,700 rooms; - operation of restaurants, bars and lounges (14.8%); - other (11.7%): including the operation of nightclubs, entertainment establishments, stores and conference rooms.

Sector

Casinos & Gaming

Calendar

2024-04-29 - Q1 2024 Earnings Release

Related indices

S&P 500

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Ratings for Caesars Entertainment, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

36.61 USD

Average target price

58.69 USD

Spread / Average Target

+60.30%

Consensus

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