Caesars Entertainment Sees a Mixed Q4
Caesars Entertainment posted a higher-than-expected EPS, yet faced a slight revenue shortfall.
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.
