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Caesars Entertainment (CZR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, Caesars Entertainment (CZR - Free Report) reported revenue of $2.99 billion, up 3% over the same period last year. EPS came in at -$0.30, compared to -$0.39 in the year-ago quarter.

The reported revenue represents a surprise of +1.09% over the Zacks Consensus Estimate of $2.96 billion. With the consensus EPS estimate being $0.04, the EPS surprise was -850%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Caesars Entertainment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Las Vegas - Table game drop: $706 million compared to the $736.3 million average estimate based on two analysts.
  • Las Vegas - Table game hold: 16.6% versus the two-analyst average estimate of 18.9%.
  • Las Vegas - Slot handle: $2.67 billion versus $2.53 billion estimated by two analysts on average.
  • Caesars Digital - iGaming hold: 3.9% compared to the 3.7% average estimate based on two analysts.
  • Caesars Digital - iGaming handle: $4.83 billion compared to the $5.4 billion average estimate based on two analysts.
  • Caesars Digital - Sports betting hold: 8.4% versus the two-analyst average estimate of 8.4%.
  • Caesars Digital - Sports betting handle: $2.57 billion versus the two-analyst average estimate of $2.5 billion.
  • Net Revenues- Las Vegas: $1.02 billion versus $1.04 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.5% change.
  • Net Revenues- Regional: $1.57 billion compared to the $1.48 billion average estimate based on three analysts. The reported number represents a change of +9.4% year over year.
  • Net Revenues- Managed and Branded: $57 million compared to the $70.92 million average estimate based on three analysts. The reported number represents a change of -23% year over year.
  • Net Revenues- Caesars Digital: $351 million versus $360.68 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.3% change.
  • Net Revenues- Las Vegas- Casino: $277 million versus $277.17 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.1% change.

View all Key Company Metrics for Caesars Entertainment here>>>

Shares of Caesars Entertainment have returned +0.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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