CAESARS ENTERTAINMENT Reports Fourth Quarter FY2022 Earnings on February 21, 2023.

March 19, 2023

Earnings Overview

On February 21 2023, CAESARS ENTERTAINMENT ($NASDAQ:CZR) announced its financial results for the fourth quarter of FY2022, which concluded on December 31 2022. Total revenue was reported at USD -148.0 million, a 65.9% increase compared to the same period in the prior year. Additionally, net income surged 8.9%, amounting to USD 2821.0 million.

Share Price

On Tuesday, February 21, 2023, CAESARS ENTERTAINMENT reported its fourth quarter earnings of Fiscal Year 2022. The stock opened at $51.9 and closed at $51.2, which is a 3.0% decrease from the previous closing price of $52.8. This drop in the stock price could be attributed to the company’s weaker-than-expected earnings report, as well as a general market trend of decreasing stock prices. Despite the lower-than-expected earnings, CAESARS ENTERTAINMENT said that their cost-cutting and efficiency initiatives have been successful and have helped to keep expenses in check. Furthermore, they said that they remain confident in their long-term plans for growth and will continue to invest in new projects and expansion plans. Overall, it is clear that CAESARS ENTERTAINMENT has some work to do in order to reach their financial targets for the upcoming year.

However, with their strategies for cost-cutting and growth initiatives, they may be able to turn things around and help their stock price recover in the near future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Caesars Entertainment. More…

    Total Revenues Net Income Net Margin
    10.82k -899 -3.0%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Caesars Entertainment. More…

    Operations Investing Financing
    975 -382 -1.28k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Caesars Entertainment. More…

    Total Assets Total Liabilities Book Value Per Share
    33.53k 29.78k 17.3
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Caesars Entertainment are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    62.4% 60.7% 15.8%
    FCF Margin ROE ROA
    0.1% 28.3% 3.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have conducted an in-depth analysis of CAESARS ENTERTAINMENT‘s fundamentals to provide our investors with an understanding of the potential risks associated with investing in the company. According to our Risk Rating, CAESARS ENTERTAINMENT is a medium risk investment in terms of financial and business aspects. Our analysis has identified 2 risk warnings in the income sheet and balance sheet of CAESARS ENTERTAINMENT, which can be viewed by becoming a registered user on our website. We encourage all potential investors to thoroughly review these risk warnings in order to make an informed decision about their investment. Our team at GoodWhale is committed to providing accurate and up-to-date information to our users and we remain committed to helping you make sound financial decisions. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    By providing a wide range of services, such as casinos, resorts, and branded consumer products, Caesars has built a reputation as one of the most respected and successful companies in the marketplace. It is one of the largest players in the industry alongside its competitors Boyd Gaming Corp, MGM Resorts International, and Churchill Downs Inc. Each of these companies offer their own unique services that add to the variety of options available to customers.

    – Boyd Gaming Corp ($NYSE:BYD)

    Boyd Gaming Corporation is a leading US-based gaming and entertainment company. With a market cap of $5.87B as of 2023, the company operates 29 gaming entertainment properties across 10 states. Boyd Gaming has been successful in creating value for its shareholders. Their impressive return on equity of 36.77% has helped them to outperform their competitors in the gaming industry. The company also has an excellent track record of leveraging its resources to create value for its shareholders. Boyd Gaming continues to seek out new opportunities to grow their business and increase shareholder value.

    – MGM Resorts International ($NYSE:MGM)

    MGM Resorts International is a global entertainment and hospitality company, operating hotels and casinos around the world. The company has a market capitalization of 14.29 billion dollars and a return on equity of 20.62%. This demonstrates the success and profitability of the company and its ability to generate profits from its operations. The market cap of MGM Resorts International reflects the company’s overall market position and size, while the ROE indicates the company’s ability to generate returns from its investments. This demonstrates that MGM Resorts International is a highly successful and successful business that is able to generate good returns for its shareholders.

    – Churchill Downs Inc ($NASDAQ:CHDN)

    Churchill Downs Inc is a leading player in the racing, gaming and online entertainment industries. The Kentucky-based company has a market cap of 8.13 billion dollars as of 2023, making it one of the most valuable publicly traded companies in the United States. The company has also managed to maintain a strong Return on Equity of 80.19%, indicating the firm’s ability to generate a steady stream of profits from its operations. Churchill Downs Inc has operations in several states and countries, including Kentucky, Illinois, Louisiana, Florida, California, and New Jersey in the US, as well as in the UK and Australia. The company is a major force in the industry and has a long history of success.


    CAESARS ENTERTAINMENT has reported strong fourth quarter earnings for FY2022, with total revenues increasing by 65.9% and net income rising 8.9% year over year. Despite this positive news, the stock price dropped on the same day, suggesting that a more detailed analysis of the company’s performance may be necessary for investors to make an informed decision. Analysts should consider examining the company’s balance sheet, cash flow, and other financial metrics alongside its reported earnings to get a better picture of its financial health and potential for future growth.

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