Caesars Entertainment (CZR) Tops Q3 EPS by 6c

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Caesars Entertainment, Inc. Reports Third Quarter 2023 Results

October 31, 2023 4:01 PM EDT

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)-- Caesars Entertainment, Inc., (NASDAQ: CZR) (Caesars, CZR, CEI or the Company) today reported operating results for the third quarter ended September 30, 2023.

Third Quarter 2023 and Recent Highlights:

GAAP net revenues of $3.0 billion versus $2.9 billion for the comparable prior-year period. GAAP net income of $74 million compared to net income of $52 million for the comparable prior-year period. Consolidated Adjusted EBITDA of $1.04 billion versus $1.01 billion for the comparable prior-year period. Caesars Digital Adjusted EBITDA of $2 million versus $(38) million for the comparable prior-year... More