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Caesars Entertainment Swings to Q2 Net Loss; Revenue Declines
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Caesars Entertainment Swings to Q2 Net Loss; Revenue Declines
Jul 30, 2024 1:39 PM

04:17 PM EDT, 07/30/2024 (MT Newswires) -- Caesars Entertainment ( CZR ) reported a Q2 net loss late Tuesday of $0.56 per diluted share, swinging from net income of $4.26 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.12 per share.

Net revenue for the quarter ended June 30 was $2.83 billion, down from $2.88 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.86 billion.

Price: 38.05, Change: +1.15, Percent Change: +3.12

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