PREVIEW: Caesars Entertainment seen reporting narrower Q1 per share loss, revenue increase

Caesars Entertainment

28/04/2026 19:59

** Shares of Caesars Entertainment CZR.O falling 1.0% on Tues ahead of qtrly results after the bell, with investor focus on potential takeover updates

** The casino operator is expected to report qtrly rev rose 2% to $2.85 bln, with an adjusted loss of $0.24/shr vs a $0.54/shr loss yr-ago, per LSEG

** The co recently extended exclusive talks for a potential $18 bln takeover by billionaire Tilman Fertitta, according to a Bloomberg report

** Investors will watch for commentary on its online betting segment, which has struggled against larger rivals, as well as revenue impact from falling visits to Las Vegas

** CZR's stock has advanced 18.6% YTD, outperforming the Nasdaq's .IXIC ~6% gain

** Shares last traded at $27.72 vs median PT of $33.50 according to LSEG, which shows 20 analyst ratings: 3 'strong buy,' 11 'buy,' and 6 'hold'

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com))