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Barchart
Neharika Jain

Caesars Entertainment's Q4 2024 Earnings: What to Expect

Valued at a market cap of $7.2 billion, Caesars Entertainment, Inc. (CZR) is a diversified gaming and hospitality company that owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals, e-tables, and hotel rooms, as well as table games, including poker. The Reno, Nevada-based company also operates and conducts retail and online sports wagering. It is expected to announce its fiscal Q4 earnings results after the market closes on Thursday, Feb. 25. 

Ahead of this event, analysts expect the gambling company to report a loss of $0.04 per share, which reflects an 88.2% improvement from a loss of $0.34 per share in the year-ago quarter. On the other hand, the company’s earnings surprise history is quite disappointing. It was unable to meet Wall Street's bottom-line estimates in any of the last four quarters. The company registered a loss of $0.04 per share in the previous quarter, which came in much worse than Wall Street’s forecasted profit of $0.21 per share. 

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