Caesars Entertainment Q3 2023 EPS $0.34 Beats $0.29 Estimate, Revenue $2.994B Beats $2.932B Estimate
Portfolio Pulse from Benzinga Newsdesk
Caesars Entertainment reported Q3 2023 earnings per share (EPS) of $0.34, beating the estimate of $0.29. The company's revenue was $2.994B, surpassing the estimate of $2.932B.
October 31, 2023 | 8:05 pm
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POSITIVE IMPACT
Caesars Entertainment's Q3 2023 earnings and revenue beat estimates, which could positively impact the company's stock.
Companies that report earnings and revenue above estimates typically see a positive reaction in their stock price as this indicates better-than-expected performance. Therefore, Caesars Entertainment's stock (CZR) is likely to experience a positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100