Recap: Caesars Entertainment Q1 Earnings

Caesars Entertainment CZR reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Caesars Entertainment beat estimated earnings by 4.09%, reporting an EPS of $-2.11 versus an estimate of $-2.2.

Revenue was up $593.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.22 which was followed by a 2.76% increase in the share price the next day.

Here's a look at Caesars Entertainment's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.92 0.11 -0.26 -1.83
EPS Actual -1.14 -0.53 0.59 -2.06
Revenue Estimate 2.59B 2.62B 2.27B 1.70B
Revenue Actual 2.59B 2.69B 2.50B 1.70B

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.92 0.11 -0.26 -1.83
EPS Actual -1.14 -0.53 0.59 -2.06
Revenue Estimate 2.59B 2.62B 2.27B 1.70B
Revenue Actual 2.59B 2.69B 2.50B 1.70B

To track all earnings releases for Caesars Entertainment visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings