Caesars Entertainment (NASDAQ:CZR) Releases Quarterly Earnings Results

Caesars Entertainment (NASDAQ:CZR) issued its quarterly earnings data on Tuesday. The company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.49), FiscalAI reports. The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.96 billion. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned ($0.27) earnings per share.

Caesars Entertainment Price Performance

NASDAQ:CZR opened at $28.85 on Wednesday. Caesars Entertainment has a one year low of $17.86 and a one year high of $30.88. The business has a fifty day moving average price of $29.51 and a 200-day moving average price of $27.56. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of -12.65 and a beta of 1.85.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Capital One Financial lowered Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Susquehanna reaffirmed a “neutral” rating on shares of Caesars Entertainment in a research note on Monday. Barclays reiterated an “equal weight” rating and set a $31.00 price target (down from $35.00) on shares of Caesars Entertainment in a report on Thursday, July 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Caesars Entertainment in a research report on Thursday, August 13th. Finally, Zacks Research raised shares of Caesars Entertainment from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. Two analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $30.71.

Key Caesars Entertainment News

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Regional casino operations reportedly delivered stronger growth than Caesars’ Las Vegas properties, indicating resilience in its broader U.S. gaming portfolio. Caesars Entertainment records stronger regional casino growth than with Vegas properties
• Positive Sentiment: Third-quarter revenue increased 2.5% year over year to approximately $2.94 billion, showing modest top-line growth despite softer performance in some properties. Caesars Entertainment third-quarter 2026 results
• Neutral Sentiment: Reported short interest data showed zero shares short as of October 26, although the figure appears unusual relative to Caesars’ trading volume and may provide limited insight into investor positioning.
• Negative Sentiment: Caesars reported a third-quarter loss of $0.61 per share, substantially worse than the consensus loss estimate of $0.12 and wider than the $0.27 loss recorded a year earlier. Caesars Entertainment reports Q3 loss
• Negative Sentiment: Revenue of $2.94 billion also fell slightly short of the approximately $2.96 billion analyst forecast, adding to concerns about limited near-term earnings momentum. Caesars Entertainment Q3 loss widens
• Negative Sentiment: Financial coverage highlighted roughly $570 million in interest expense, underscoring Caesars’ heavy debt burden and the pressure it places on profitability and cash flow. Caesars Entertainment Q3 2026 earnings

Insider Buying and Selling

In related news, CMO Josh Jones sold 59,507 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $29.72, for a total value of $1,768,548.04. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Bret Yunker sold 208,134 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $29.62, for a total transaction of $6,164,929.08. The SEC filing for this sale provides additional information. Insiders sold 322,682 shares of company stock valued at $9,565,403 in the last 90 days. Corporate insiders own 1.18% of the company’s stock.

About Caesars Entertainment

Caesars Entertainment, Inc is a gaming, hospitality and entertainment company that operates casino resorts and related businesses primarily in the United States. Its properties offer casino gaming, hotel accommodations, restaurants, bars, entertainment venues, meeting and convention facilities, and other leisure amenities.

The company operates well-known destinations in Las Vegas, including Caesars Palace, Paris Las Vegas, Planet Hollywood Resort & Casino, and The Cromwell, as well as regional casinos and resorts across several U.S.