Caesars Entertainment Q4 Sales $2.83B Miss $2.85B Estimate
Portfolio Pulse from Benzinga Newsdesk
Caesars Entertainment (NASDAQ:CZR) reported Q4 sales of $2.83 billion, missing the analyst consensus estimate of $2.85 billion by 0.68%. This represents a 0.32% increase over the same period last year.
February 20, 2024 | 9:01 pm
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Caesars Entertainment reported Q4 sales of $2.83 billion, missing estimates by 0.68% but showing a slight year-over-year growth.
Missing the analyst consensus estimate, even by a small margin, can lead to negative investor sentiment in the short term. However, the slight year-over-year growth indicates some positive momentum, which might mitigate the negative impact slightly.
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IMPORTANCE 75
RELEVANCE 100