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Reno, Nevada-headquartered Caesars Entertainment, Inc. (CZR) is a prominent gaming and hospitality company valued at $9.9 billion by market cap. Operating renowned brands like Caesars, Harrah’s, Horseshoe, and Eldorado, it provides a wide range of gaming, entertainment, and hospitality services. The leading entertainment company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Tuesday, October 29.
Ahead of the event, analysts expect CZR to report a profit of $0.27 per share on a diluted basis, down 20.6% from $0.34 per share in the year-ago quarter. The company has failed to beat the consensus estimates in three of the last four quarters while exceeding on one occasion.