Earnings Outlook For Caesars Entertainment
Portfolio Pulse from Benzinga Insights
Caesars Entertainment (NASDAQ:CZR) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.28. The company's stock performance has been generally negative over the last 52-week period, with shares down 11.69%. Last quarter, the company beat EPS by $3.93, which was followed by a 4.33% drop in the share price.
October 30, 2023 | 5:01 pm
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Caesars Entertainment is expected to report an EPS of $0.28 in its upcoming earnings report. The company's shares have been down 11.69% over the last 52 weeks.
The upcoming earnings report is a significant event for Caesars Entertainment. However, the company's past performance shows that even when it beats EPS estimates, the share price can drop, as it did last quarter. Therefore, the impact on the stock price in the short term is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100