Caesars Entertainment Sees a Mixed Q4

Caesars Entertainment (NASDAQ:CZR), a leading name in the casino and entertainment industry, released its earnings for the fourth quarter of 2024 on Feb. 25, 2025. The company delivered an EPS of $0.05, notably exceeding the anticipated loss of -$0.13. However, revenue slightly underperformed at $2.80 billion against the expectation of $2.81 billion. Overall, the results reflect a mixed quarter with impressive cost management overshadowed by stagnant revenue growth.Source: Analyst estimates for the quarter provided by FactSet.Caesars Entertainment, headquartered in Reno, Nevada, operates a large and most diverse gaming company. The company manages 52 domestic properties across 18 states and has a significant presence in digital gaming through its online sports betting and iGaming operations. Recently, Caesars has focused on geographical diversification and digital expansion as critical success factors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool