Caesars Entertainment Q2 revenue slightly beats estimates on regional growth

Caesars Entertainment

28/07/2026 21:11

Overview
US casino-entertainment firm's Q2 revenue rose 3%, slightly beating analyst expectations
Q2 net loss narrowed to $62 mln from $82 mln a year earlier
Adjusted EBITDA fell 3.7% yr/yr, with declines in Las Vegas and digital segments

Outlook
Company did not provide specific guidance or forecasts for future quarters or full yr

Result Drivers
LAS VEGAS WEAKNESS - Las Vegas segment revenue fell 3.5% and Adjusted EBITDA dropped 12.6% yr/yr
REGIONAL GROWTH - Regional segment revenue rose 9.4% and Adjusted EBITDA increased 11.2% yr/yr
DIGITAL SLOWDOWN - Caesars Digital Adjusted EBITDA declined 15% yr/yr

Company press release: ID:nBw5KGsfpa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$3 bln
$2.98 bln (17 Analysts)
Q2 Net Loss
 
$62 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the casinos & gaming peer group is "buy."
Wall Street's median 12-month price target for Caesars Entertainment Inc is $31.00, about 3.4% above its July 27 closing price of $29.97

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)