$0.13 EPS Expected for Caesars Entertainment Corporation (CZR)

February 25, 2018 - By reb123z

 $0.13 EPS Expected for Caesars Entertainment Corporation (CZR)
Investors sentiment decreased to 1.59 in 2017 Q3. Its down 0.21, from 1.8 in 2017Q2. It dropped, as 22 investors sold Caesars Entertainment Corporation shares while 29 reduced holdings. 25 funds opened positions while 56 raised stakes. 138.17 million shares or 22.42% more from 112.87 million shares in 2017Q2 were reported.
Apollo Management Lp accumulated 5.32% or 26.50 million shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp holds 314,700 shares. Federated Investors Pa stated it has 339 shares. Artemis Management Llp has invested 0.12% in Caesars Entertainment Corporation (NASDAQ:CZR). 26,916 are held by Voya Invest Management Ltd. Brigade L P reported 200,000 shares. Zacks Investment Mngmt reported 13,492 shares. Quantitative Invest Ltd owns 337,500 shares or 0.05% of their US portfolio. Brant Point Ltd Liability Corp holds 455,905 shares. Invesco Limited owns 108,447 shares. Point72 Asset Mngmt Ltd Partnership stated it has 0.1% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). First Trust Advsrs Limited Partnership accumulated 211,836 shares. Dsam Ptnrs (London) holds 1.32M shares or 2.45% of its portfolio. State Board Of Administration Of Florida Retirement System accumulated 44,115 shares. New York-based Corsair Limited Partnership has invested 0.06% in Caesars Entertainment Corporation (NASDAQ:CZR).

Analysts expect Caesars Entertainment Corporation (NASDAQ:CZR) to report $0.13 EPS on March, 7 after the close.They anticipate $4.01 EPS change or 103.35 % from last quarter’s $-3.88 EPS. CZR’s profit would be $91.54 million giving it 25.19 P/E if the $0.13 EPS is correct. After having $-1.19 EPS previously, Caesars Entertainment Corporation’s analysts see -110.92 % EPS growth. The stock increased 0.38% or $0.05 during the last trading session, reaching $13.1. About 4.19 million shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 62.44% since February 25, 2017 and is uptrending. It has outperformed by 45.74% the S&P500.

Caesars Entertainment Corporation (NASDAQ:CZR) Ratings Coverage

Among 6 analysts covering Caesars Entertainment (NASDAQ:CZR), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Caesars Entertainment had 9 analyst reports since December 14, 2015 according to SRatingsIntel. As per Monday, December 14, the company rating was maintained by Barclays Capital. Nomura initiated it with “Hold” rating and $14.0 target in Friday, October 6 report. SunTrust maintained it with “Buy” rating and $14.0 target in Tuesday, October 24 report. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) earned “Buy” rating by Oppenheimer on Tuesday, June 6. The firm earned “Buy” rating on Wednesday, May 31 by Oppenheimer. SunTrust maintained the stock with “Buy” rating in Monday, February 5 report.

Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company has market cap of $9.22 billion. The firm operates through two divisions, Caesars Entertainment Resort Properties, and Caesars Growth Partners Casino Properties and Developments. It currently has negative earnings. It operates 15,000 slot machines and 1,200 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout the company's casinos, as well as banquets and room service.

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Reuters.com which released: “BRIEF-Caesars Entertainment Corp’s Board Unanimously Approved A Reduction In …” on February 05, 2018, also Prnewswire.com with their article: “Caesars Entertainment Transforms Its Iconic Business with Oracle” published on February 14, 2018, Bloomberg.com published: “Soros Emerges From Caesars Casino Bankruptcy With 4.9% Holding” on February 14, 2018. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Gurufocus.com and their article: “Beach Point Capital Management LP Buys Caesars Entertainment Corp, Haymaker …” published on February 07, 2018 as well as Prnewswire.com‘s news article titled: “Caesars Entertainment Corporation to Report 2017 Fourth Quarter and Full Year …” with publication date: February 06, 2018.

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