Caesars Entertainment (CZR) Expected to Announce Quarterly Earnings on Tuesday

Caesars Entertainment (NASDAQ:CZR - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of ($0.19) per share and revenue of $2.82 billion for the quarter.

Caesars Entertainment (NASDAQ:CZR - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.20. The firm had revenue of $2.80 billion for the quarter, compared to analysts' expectations of $2.81 billion. Caesars Entertainment had a negative net margin of 3.20% and a negative return on equity of 4.44%. On average, analysts expect Caesars Entertainment to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Caesars Entertainment Price Performance

Shares of NASDAQ CZR traded up $0.45 during trading on Thursday, hitting $27.17. The company had a trading volume of 7,547,964 shares, compared to its average volume of 4,895,387. The firm has a market capitalization of $5.76 billion, a price-to-earnings ratio of -16.27 and a beta of 2.67. The stock has a fifty day simple moving average of $28.33 and a two-hundred day simple moving average of $34.39. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 2.84. Caesars Entertainment has a fifty-two week low of $21.40 and a fifty-two week high of $45.93.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Macquarie lowered their price target on Caesars Entertainment from $47.00 to $46.00 and set an "outperform" rating for the company in a report on Wednesday, February 26th. Susquehanna decreased their target price on Caesars Entertainment from $30.00 to $23.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Jefferies Financial Group dropped their price target on Caesars Entertainment from $52.00 to $43.00 and set a "buy" rating on the stock in a research report on Friday, January 3rd. Truist Financial reduced their target price on Caesars Entertainment from $48.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. cut their price target on Caesars Entertainment from $58.00 to $57.00 and set an "overweight" rating for the company in a report on Friday, January 3rd. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $45.86.

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.