StockNews.AI
CZR
StockNews.AI
175 days

Caesars Entertainment, Inc. Reports Fourth Quarter and Full Year 2024 Results

1. CZR reported Q4 GAAP net income of $11M, reversing a prior loss. 2. Same-store adjusted EBITDA surged to $882M, confirming strong operational turnaround.

-0.89%Current Return
VS
+0.04%S&P 500
$34.8702/25 04:12 PM EDTEvent Start

$34.5602/26 11:00 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The Q4 turnaround from a net loss to a profit and the dramatic surge in same-store EBITDA signal improved operational efficiency. Historically, earnings beat announcements have led to immediate share price upticks in similar market conditions.

How important is it?

The report’s significant improvements, notably turning a loss into profit and a massive EBITDA increase, are key operational signals that can influence investor behavior. Despite a slight dip in revenue, the overall performance is compelling enough to create positive market momentum.

Why Short Term?

Quarterly earnings reports typically drive near-term price reactions as investors recalibrate expectations based on improved profitability. Immediate market sentiment shifts are expected, although long-term gains depend on sustained performance.

Related Companies

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter Results: GAAP net revenues of $2.80 billion versus $2.83 billion for the comparable prior-year period. GAAP net income of $11 million compared to a net loss of $72 million for the comparable prior-year period. Same-store Adjusted EBITDA of $882 million versus $9.

Related News