Caesars Entertainment posts 3rd-quarter loss of $908.1 million



We also have more stories about:
(click the phrases to see a list)

Subjects:

Places:

 


LAS VEGAS — LAS VEGAS — Caesars Entertainment Corp. (CZR) on Monday reported a loss of $908.1 million in its third quarter.

The Las Vegas-based company said it had a loss of $6.29 per share. Losses, adjusted for asset impairment costs and to account for discontinued operations, came to $3.14 per share, according to Zacks Investment Research.

The casino operator posted revenue of $2.21 billion in the period.

Caesars shares have declined 46 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.54, a decrease of 36 percent in the last 12 months.

_____

Elements of this story were generated by Automated Insights using data from Zacks Investment Research. CZR stock research report from Zacks.

_____

Keywords:Caesars Entertainment,Earnings Report

All content copyright ©2014 Daily Reporter, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.
Daily Reporter • 22 W. New Road • Greenfield, IN 46140 • (317) 462-5528