Caesars Entertainment Corp (CZR) Releases Quarterly Earnings Results
Caesars Entertainment Corp (NYSE:CZR) released its earnings data on Monday. The company reported ($3.24) earnings per share for the quarter, missing the analysts’ consensus estimate of ($1.19) by $2.05, Stock Ratings Network.com reports. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.22 billion.
Caesars Entertainment Corp (NYSE:CZR) traded up 2.32% during mid-day trading on Monday, hitting $13.67. The stock had a trading volume of 1,432,037 shares. Caesars Entertainment Corp has a one year low of $12.21 and a one year high of $26.74. The stock has a 50-day moving average of $16.66 and a 200-day moving average of $19.69. The company’s market cap is $1.971 billion.
Caesars Entertainment Corporation is a diversified casino-entertainment provider. The Company’s business is primarily conducted through a wholly owned subsidiary, Caesars Entertainment Operating Company, Inc (NYSE:CZR), although certain material properties are not owned by CEOC.
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