Caesars Entertainment (CZR) Reports Q4 Loss, Tops Revenue Estimates
Caesars Entertainment (CZR) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -333.33%. A quarter ago, it was expected that this casino operator would post a loss of $0.04 per share when it actually produced a loss of $0.09, delivering a surprise of -125%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Caesars, which belongs to the Zacks Gaming industry, posted revenues of $2.17 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.08%. This compares to year-ago revenues of $2.12 billion.
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https://finance.yahoo.com/news/caesars-e...11549.html
Caesars Entertainment (CZR) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -333.33%. A quarter ago, it was expected that this casino operator would post a loss of $0.04 per share when it actually produced a loss of $0.09, delivering a surprise of -125%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Caesars, which belongs to the Zacks Gaming industry, posted revenues of $2.17 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.08%. This compares to year-ago revenues of $2.12 billion.
...
https://finance.yahoo.com/news/caesars-e...11549.html
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