Caesars Entertainment (CZR) Stock

Caesars Entertainment, Inc. (NASDAQ: CZR) will announce its financial results for the fourth quarter and the entire year of 2024 after the market closes on Tuesday, February 25, 2025. The company will also hold a conference call on the same day at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to talk about its results and other company-related topics. Those interested in joining the call can register by clicking the provided link.

Buckley Capital Advisors, an investment management firm, has published its investor letter for the third quarter of 2024. You can download the letter here. The third quarter was disappointing, leading to a less successful year overall, and the fund has not matched its benchmarks for the first time in...

DANVILLE, Va.--(BUSINESS WIRE)--Caesars Entertainment proudly opened its much-awaited resort, Caesars Virginia, earlier today. The opening ceremony was attended by key figures including CEO Tom Reeg, President & COO Anthony Carano, Regional President Barron Fuller, General Manager Chris Albrecht, and Chief Michell Hicks of the Eastern Band of Cherokee Indians. This marks the first time the luxury resort has welcomed guests.

Caesars Entertainment, Inc. has completed the sale of the LINQ Promenade to a partnership between TPG Real Estate and Acadia Realty Trust for $275 million. At the same time, Caesars used the money from this sale to make a $275 million early payment on their Term Loan B, which is due in 2030.

LAS VEGAS--(BUSINESS WIRE)--Guests were delighted at the grand opening of Lisa Vanderpump's latest restaurant and cocktail bar, Pinky's by Vanderpump, at Flamingo Las Vegas last night. Vanderpump's friends, including actors Jesse Bradford and Andrea Watrouse, reality stars Tom Schwartz and Peter Madrigal, and the cast of her new show “Vanderpump Villa,” joined the celebration. Pinky's by Vanderpump, named after Vanderpump's nickname “Pinky,” offers a unique experience.

Caesars Entertainment Inc (NASDAQ:CZR) saw its stock drop by 9.2% to $41.13 after announcing a loss of 4 cents per share for the third quarter. This was a surprise, as analysts had expected a profit of 12 cents per share.

CZR's results for the third quarter of 2024 show weak performance in four out of its five reportable segments, although the Caesars Digital segment did provide some positive contributions.

Caesars Entertainment (CZR) reported a quarterly loss of $0.04 per share, which is lower than the Zacks Consensus Estimate of $0.21. In comparison, the company earned $0.34 per share during the same period last year.

Caesars Entertainment, Inc. has revealed that it will sell the LINQ Promenade for $275 million to a partnership between TPG Real Estate and Acadia Realty Trust. This transaction is pending standard approvals and other requirements, with an expected completion in the fourth quarter of 2024. The sale is seen as a beneficial move for the company.