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Based in Reno, Nevada, Caesars Entertainment, Inc. (CZR) operates as a gaming and hospitality company. Valued at $7.20 billion by market cap, the company is one of the world’s most diversified casino-entertainment providers and has grown through the development of new resorts, expansions, and acquisitions. Its resorts operate primarily under the Caesars, Harrah’s, Horseshoe, and Eldorado brand names. It offers diversified gaming, entertainment, and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. The leading casino entertainment company is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Tuesday, Jul. 30.
Ahead of the event, analysts expect CZR to report a profit of $0.14 per share on a diluted basis, down 82.9% from $0.82 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing on two other occasions.
