Caesars Entertainment Q2 Sales $2.830B Miss $2.867B Estimate
Portfolio Pulse from Benzinga Newsdesk
Caesars Entertainment (NASDAQ:CZR) reported Q2 sales of $2.830 billion, missing the analyst consensus estimate of $2.867 billion by 1.28%. This represents a 1.70% decrease from the same period last year.
July 30, 2024 | 8:02 pm
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Caesars Entertainment reported Q2 sales of $2.830 billion, missing the analyst consensus estimate of $2.867 billion by 1.28%. This represents a 1.70% decrease from the same period last year.
The miss on sales estimates and the year-over-year decline in sales are likely to negatively impact investor sentiment in the short term. The 1.28% miss on estimates and 1.70% decrease from last year indicate potential challenges in revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100