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Wednesday, March 7, 2018

=Caesars Entertainment (CZR) reported earnings on Wed 7 March 2018 (a/h)


  • #1, 4, 5, 21, 25-7, 44, 48, 49, 52, 58, 61, 85, 93, 97



Caesars Entertainment reports Q4 (Dec) results, misses on revs 
  • Reports Q4 (Dec) earnings of $2.48 per share, may not be comparable to the single analyst estimate of ($0.00); revenues rose 100.3% year/year to $1.9 bln vs the $2 bln Capital IQ Consensus.
  • Net income was $2.00 billion, driven by a tax benefit of $2.03 billion relating to U.S. tax reform and CEOC's emergence from Bankruptcy.
  • Las Vegas RevPAR was essentially flat year-over-year at $124, while Las Vegas Strip market RevPAR declined 3%.

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