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0.0203796761585707 0.0203796761585707 0.0050251256281407 -0.022892238972641 -0.0312674483528754 -0.0312674483528754 -0.042434394193188 -0.0312674483528754
Stock impact report

Caesars Entertainment, Inc. Reports First Quarter 2024 Results

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Business Wire
LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the first quarter ended March 31, 2024.First Quarter 2024 and Recent Highlights:GAAP net revenues of $2.7 billion versus $2.8 billion for the comparable prior-year period.GAAP net loss of $158 million compared to net loss of $136 million for the comparable prior-year period.Same-store Adjusted EBITDA of $853 million versus $947 million for the comparable prior-year period.Caesars Digital Adjusted EBITDA of $5 million versus $(4) million for the comparable prior-year period.Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, “Operating results during the first quarter in Las Vegas are a combination of record occupancy, driven by the Super Bowl and international visitation for Chinese New Year, offset by lower-than-expected hold. In our Regional segment, results reflect weather related weakness in Show less Read more
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