Caesars Entertainment Corp. (CZR) reported a net loss for the first quarter of $217.6 million or $1.74 per share, narrower than $280.6 or $2.24 per share in the comparable quarter last year.
Revenues for the first quarter fell 2.9% to $2.14 billion from $2.21 billion in the year-ago period.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $1.58 per share on revenue of $2.19 billion for the first quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.