Caesars Entertainment (NASDAQ:CZR – Get Free Report) is set to announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Caesars Entertainment (NASDAQ:CZR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 20th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.31). Caesars Entertainment had a net margin of 6.82% and a return on equity of 4.48%. The business had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.85 billion. During the same period in the previous year, the firm earned ($0.11) EPS. The company’s revenue was up .1% on a year-over-year basis. On average, analysts expect Caesars Entertainment to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Caesars Entertainment Trading Down 3.8 %
Shares of CZR stock opened at $36.61 on Monday. Caesars Entertainment has a 1 year low of $36.34 and a 1 year high of $60.27. The firm has a fifty day moving average price of $41.26 and a 200-day moving average price of $43.34. The company has a debt-to-equity ratio of 2.59, a current ratio of 0.76 and a quick ratio of 0.74. The company has a market cap of $7.92 billion, a price-to-earnings ratio of 10.09 and a beta of 2.81.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on CZR
Insider Transactions at Caesars Entertainment
In other Caesars Entertainment news, Director Michael E. Pegram bought 15,000 shares of Caesars Entertainment stock in a transaction dated Wednesday, March 6th. The shares were purchased at an average cost of $41.45 per share, for a total transaction of $621,750.00. Following the acquisition, the director now directly owns 4,612 shares in the company, valued at approximately $191,167.40. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.64% of the company’s stock.
Caesars Entertainment Company Profile
Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.
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