Recap: Caesars Entertainment Q2 Earnings

Recap: Caesars Entertainment Q2 Earnings

Caesars Entertainment CZR reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:01 PM.

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

Earnings

Caesars Entertainment missed estimated earnings by 5.88%, reporting an EPS of $0.16 versus an estimate of $0.17.

Revenue was up $319.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 1.86% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -2.20 -0.92 0.11 -0.26
EPS Actual -2.11 -1.14 -0.53 0.59
Revenue Estimate 2.34B 2.59B 2.62B 2.27B
Revenue Actual 2.29B 2.59B 2.69B 2.50B

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