Live Analysis: Caesars Entertainment, Inc. (CZR) is currently priced at $27.72, experiencing a decrease of 31 cents (-1.11%) from the previous close of $28.03. Today's trading volume stands at $558,468, representing a 9.4% deviation from the average volume.
Earnings Overview: In the latest quarterly report released on Monday, April 27th, CZR reported an earnings per share of -$0.24165, slightly below the consensus estimate.
Cash Flow: The company generated a free cash flow of $147 million, with net cash increasing by $49 million during the period. Noteworthy is the debt repayment of $27 million and acquisitions netting $1,000,000.
Income Statement: CZR recorded a revenue of $2.92 billion, resulting in a gross profit of $1 billion. Operating income stood at $525 million, while the net income reported was -$250 million, with an EPS of -$1.23.
Ratios: Key ratios reveal a quick ratio of 0.8, gross profit margin of 37.35%, and a return on equity of -7.13%. Notably, the price to earnings ratio is -4.75, indicating a unique valuation perspective.
Balance Sheet: With total assets at $31.64 billion and total liabilities at $27.95 billion, CZR showcases a strong financial position despite a net debt of $25.46 billion.
This comprehensive financial overview provides insight into Caesars Entertainment, Inc.'s current financial standing and performance metrics.
Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company operates casinos comprising poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also provides staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2021, the company owned, leased, and managed 52 domestic properties in 16 states, consisting of approximately 55,700 slot machines, video lottery terminals, and e-tables; 2,900 table games; and 47,700 hotel rooms. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.