Caesars Entertainment Q2 EPS $4.26 May Not Compare To $0.33 Estimate, Sales $2.88B Beat $2.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
Caesars Entertainment reported Q2 earnings of $4.26 per share, beating the analyst consensus estimate of $0.33 by 1190.91%. This is a 2562.5% increase over earnings of $0.16 per share from the same period last year. The company also reported quarterly sales of $2.88 billion, beating the analyst consensus estimate of $2.87 billion by 0.31%. This is a 2.06% increase over sales of $2.82 billion the same period last year.
August 04, 2023 | 10:18 am
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Caesars Entertainment's Q2 earnings and sales significantly beat estimates, indicating strong financial performance.
Caesars Entertainment's Q2 earnings per share of $4.26 significantly beat the analyst consensus estimate of $0.33, a 1190.91% beat. This is a 2562.5% increase over earnings of $0.16 per share from the same period last year. The company also reported quarterly sales of $2.88 billion, beating the analyst consensus estimate of $2.87 billion by 0.31%. This is a 2.06% increase over sales of $2.82 billion the same period last year. These strong financial results are likely to have a positive impact on the company's stock price in the short term.
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