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Reno, Nevada-based Caesars Entertainment, Inc. (CZR) is a gaming and hospitality company that owns and operates casino, poker, roulette, and other gaming facilities and provides food and beverage services. Valued at $4.6 billion by market cap, the company owns, leases, or manages domestic properties in 18 states and utilizes its hotels, restaurants, bars, entertainment, racing, sportsbook offerings, retail shops, and other services. The casino entertainment company is expected to announce its fiscal third-quarter earnings for 2025 after the market closes on Tuesday, Oct. 28.
Ahead of the event, analysts expect CZR to report a loss of $0.04 per share on a diluted basis, unchanged from the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while beating the forecast on another occasion.
For the full year, analysts expect CZR to report a loss per share of $0.93, down 69.1% from $0.55 in fiscal 2024. However, its EPS is expected to rise 167.7% year over year to $0.63 in fiscal 2026.
CZR stock has significantly underperformed the S&P 500 Index’s ($SPX) 14.8% gains over the past 52 weeks, with shares down 50.9% during this period. Similarly, it notably underperformed the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 18.4% gains over the same time frame.
On Jul. 29, CZR shares closed down more than 3% after reporting its Q2 results. Its loss of $0.39 per share did not meet Wall Street expectations of EPS of $0.07. The company’s revenue was $2.91 billion, beating Wall Street forecasts of $2.88 billion.
Analysts’ consensus opinion on CZR stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 17 analysts covering the stock, 12 advise a “Strong Buy” rating, four give a “Hold,” and one recommends a “Strong Sell.” CZR’s average analyst price target is $39.75, indicating an ambitious potential upside of 79.1% from the current levels.
