
Hotel and casino entertainment company Caesars Entertainment (NASDAQ: CZR) will be reporting earnings this Tuesday after the bell. Here’s what to expect.
Caesars Entertainment missed analysts’ revenue expectations by 0.9% last quarter, reporting revenues of $2.87 billion, flat year on year. It was a softer quarter for the company, with a significant miss of analysts’ EPS estimates and a miss of analysts’ EBITDA estimates.
Is Caesars Entertainment a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Caesars Entertainment’s revenue to grow 3% year on year to $2.88 billion, improving from its flat revenue in the same quarter last year. Adjusted loss is expected to come in at -$0.23 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Caesars Entertainment has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Caesars Entertainment’s peers in the consumer discretionary - casino operator segment, some have already reported their Q4 results, giving us a hint as to what we can expect. MGM Resorts delivered year-on-year revenue growth of 6%, beating analysts’ expectations by 3.6%, and Monarch reported revenues up 4.1%, in line with consensus estimates. MGM Resorts traded up 3.3% following the results while Monarch was also up 2.3%.
Read our full analysis of MGM Resorts’s results here and Monarch’s results here.
Investors in the consumer discretionary - casino operator segment have had fairly steady hands going into earnings, with share prices down 1.7% on average over the last month. Caesars Entertainment is down 19.9% during the same time and is heading into earnings with an average analyst price target of $32.11 (compared to the current share price of $18.27).
When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.