Caesars Entertainment (NASDAQ:CZR) Announces Quarterly Earnings Results

Caesars Entertainment (NASDAQ:CZR) issued its quarterly earnings results on Tuesday. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.35), FiscalAI reports. Caesars Entertainment had a negative return on equity of 7.88% and a negative net margin of 4.19%.The company had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.98 billion. During the same period in the previous year, the company earned ($0.39) EPS. Caesars Entertainment’s quarterly revenue was up 3.0% on a year-over-year basis.

Caesars Entertainment Trading Down 0.1%

Shares of NASDAQ:CZR opened at $29.95 on Wednesday. Caesars Entertainment has a 1 year low of $17.86 and a 1 year high of $30.88. The stock’s fifty day moving average price is $29.53 and its 200-day moving average price is $26.59. The company has a market cap of $6.10 billion, a P/E ratio of -12.64 and a beta of 1.76. The company has a debt-to-equity ratio of 3.25, a current ratio of 0.85 and a quick ratio of 0.83.

Key Caesars Entertainment News

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Second-quarter GAAP revenue rose 3% year over year to approximately $3.0 billion, slightly exceeding the roughly $2.98 billion analyst estimate. Caesars Entertainment, Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: Caesars’ GAAP net loss narrowed to $62 million, or $0.30 per share, from an $82 million loss, or $0.39 per share, in the prior-year quarter. Consolidated adjusted EBITDA was also reported at approximately $920 million. Caesars Entertainment Narrows Loss Ahead of Fertitta Acquisition
• Positive Sentiment: Regional casino properties outperformed Caesars’ Las Vegas operations during the quarter, suggesting comparatively stronger demand outside the company’s flagship Las Vegas market. Caesars sees regional casinos outperform Las Vegas properties in Q2
• Neutral Sentiment: The results were released ahead of Caesars’ planned acquisition by billionaire Tilman Fertitta in a deal valued at approximately $5.7 billion. The transaction provides a potential strategic catalyst, though investors may continue to monitor execution and financing risks. Caesars Entertainment Narrows Loss Ahead of Fertitta Acquisition
• Negative Sentiment: Adjusted EPS was a loss of $0.30, materially worse than the approximately $0.04–$0.05 analyst consensus, despite improving from the year-earlier loss. The earnings miss and Caesars’ continued negative net margin remain pressure points. Caesars Entertainment Reports Q2 Loss, Tops Revenue Estimates

Insider Buying and Selling

In related news, insider Edmund L. Quatmann, Jr. sold 81,566 shares of Caesars Entertainment stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $29.35, for a total value of $2,393,962.10. Following the completion of the sale, the insider owned 18,263 shares of the company’s stock, valued at $536,019.05. The trade was a 81.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael E. Pegram sold 16,897 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $29.46, for a total value of $497,785.62. The SEC filing for this sale provides additional information. Insiders sold 293,463 shares of company stock valued at $8,609,241 over the last quarter. Company insiders own 1.18% of the company’s stock.

Hedge Funds Weigh In On Caesars Entertainment

A number of institutional investors and hedge funds have recently made changes to their positions in CZR. Advisory Services Network LLC grew its position in shares of Caesars Entertainment by 158.9% during the 4th quarter. Advisory Services Network LLC now owns 21,964 shares of the company’s stock valued at $514,000 after acquiring an additional 13,482 shares during the period. Corient Private Wealth LLC increased its position in Caesars Entertainment by 3.5% in the second quarter. Corient Private Wealth LLC now owns 16,155 shares of the company’s stock worth $459,000 after buying an additional 549 shares in the last quarter. Woodline Partners LP raised its stake in shares of Caesars Entertainment by 40.7% in the first quarter. Woodline Partners LP now owns 17,952 shares of the company’s stock worth $449,000 after buying an additional 5,192 shares during the period. Cerity Partners LLC bought a new position in shares of Caesars Entertainment during the 4th quarter valued at approximately $311,000. Finally, Sender Co & Partners Inc. purchased a new stake in Caesars Entertainment in the 2nd quarter worth approximately $307,000. Hedge funds and other institutional investors own 91.79% of the company’s stock.

Analyst Ratings Changes

CZR has been the topic of a number of research analyst reports. Jefferies Financial Group increased their target price on Caesars Entertainment from $24.00 to $26.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Texas Capital lowered Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Capital One Financial lowered shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Citigroup upped their price target on Caesars Entertainment from $23.00 to $30.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Finally, Truist Financial cut shares of Caesars Entertainment from a “buy” rating to a “hold” rating and reduced their price target for the company from $32.00 to $31.00 in a research report on Friday, May 29th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Caesars Entertainment currently has an average rating of “Hold” and a consensus target price of $31.00.

Caesars Entertainment Company Profile

Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.

The company traces its lineage to the founding of Harrah’s by William F.