Caesars Entertainment (CZR) Reports Q3 Loss of $4.38/Share

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Go back to Caesars Entertainment (CZR) Reports Q3 Loss of $4.38/Share

Caesars Entertainment Reports Financial Results for the Third Quarter of 2016

November 7, 2016 4:01 PM EST

LAS VEGAS, Nov. 7, 2016 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) today reported third quarter of 2016 results as summarized in the discussion below, which highlights certain GAAP and non-GAAP financial measures on a consolidated basis.

Highlights

Net revenues for Continuing CEC increased 3.0% year-over-year to $986 million primarily attributable to strong growth in the Las Vegas region. Net income for Continuing CEC, before including the effect of noncontrolling interest, was $5 million compared... More