Caesars Entertainment (CZR) to Release Quarterly Earnings on Tuesday

Caesars Entertainment (NASDAQ:CZR - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data 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 issued its earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate 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 Stock Up 4.7 %

NASDAQ:CZR traded up $1.27 during mid-day trading on Friday, hitting $28.44. The stock had a trading volume of 5,507,540 shares, compared to its average volume of 4,899,561. The stock has a 50-day simple moving average of $28.11 and a two-hundred day simple moving average of $34.15. The company has a market capitalization of $6.03 billion, a PE ratio of -17.03 and a beta of 2.67. Caesars Entertainment has a twelve month low of $21.40 and a twelve month high of $45.93. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 2.84.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Macquarie cut their price objective on shares of Caesars Entertainment from $47.00 to $46.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th. Morgan Stanley cut their price objective on shares of Caesars Entertainment from $30.00 to $29.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Wells Fargo & Company cut their price objective on shares of Caesars Entertainment from $53.00 to $50.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. JMP Securities cut their price objective on shares of Caesars Entertainment from $53.00 to $45.00 and set a "market outperform" rating on the stock in a report on Thursday, April 17th. Finally, Susquehanna lowered their target price on shares of Caesars Entertainment from $30.00 to $23.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Three equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $45.86.

About Caesars Entertainment

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.