Caesars Entertainment (CZR)

NASDAQ:CZR

CZR

Caesars Entertainment

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Caesars Entertainment (CZR) Earnings Dates, Call Summary & Reports

Q: When does Caesars Entertainment (CZR) report earnings?

Caesars Entertainment (CZR) is schdueled to report earning on Aug 04, 2026, TBA (Confirmed).

Q: What is Caesars Entertainment (CZR) earnings time?

Caesars Entertainment (CZR) earnings time is at Aug 04, 2026, TBA (Confirmed).

Q: Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

Q: What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

Q: What is CZR EPS forecast?

CZR EPS forecast for the fiscal quarter 2026 (Q2) is 0.05.

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Earnings Data

Report Date

Aug 04, 2026

TBA (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.05

Last Year’s EPS

-0.39

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 12 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a generally positive operational and strategic picture: consolidated revenues grew 3% and adjusted EBITDAR was essentially flat, while the Digital segment posted record revenue and margin expansion (net revenue + strong flow-through and EBITDA margin up 566 bps). Las Vegas showed strong occupancy and improving group trends, and regionals grew revenue and benefitted from strategic investments and the Windsor addition. Headwinds include modest EBITDAR declines in Las Vegas and regionals on comparable events, sports volume softness and hold-driven variability, some short-term softness in April, and near-term cash outflows that delayed buybacks. Overall, the positives — especially digital momentum, solid revenue growth, and a constructive free cash flow outlook — outweigh the headwinds.

Company Guidance

Management guided to sequential improvement in Las Vegas operating trends for the remainder of 2026 and said it expects to deliver strong free cash flow in 2026 as cash interest and CapEx decline; consolidated Q1 results were $2.9B net revenue (+$77M, +3% YoY) and $887M adjusted EBITDAR (+$3M), with Las Vegas adjusted EBITDAR $426M (vs. $433M prior year) on 95.3% occupancy and ADR +1%, Regionals $1.4B net revenue (+3% YoY) and $435M adjusted EBITDAR (‑$5M YoY, improved ex‑Super Bowl), and Digital posted record Q1 net revenue $374M and adjusted EBITDA $69M (18.4% margin, +566 bps) with flow‑through just over 66%; Digital detail: sports net revenue +9%, total volume ‑3%, mobile volume ‑1%, hold +100 bps to 8.3%; iCasino net revenue +18%, ~512k monthly unique players (+2%) and ARMP $219 (+15%), universal wallet/PAM live in 27 jurisdictions (target all by end of April); strategic/financial priorities include completing capital projects (Omnia May 15, Tahoe Master Plan June 2026, Augustus Tower early‑2027, Category 10 later in 2026), having invested >$3B in regional CapEx over five years, the Caesars Windsor acquisition ($54M, March 3), pursuing long‑term digital targets (20% top‑line growth with ~50% flow‑through to EBITDA and $500M+ digital EBITDA), targeting sub‑5x lease‑adjusted leverage, and returning to a mix of debt paydown and share repurchases as free cash flow accumulates (noting Q1 cash outflows included bonus, interest and the >$50M Windsor buyout and partnership expense roll‑offs that favor Q3/Q4 ’26 and Q1 ’27).

Consolidated Revenue Growth

Consolidated net revenues of $2.9 billion, up $77 million or 3% year-over-year for Q1 2026.

Stable Consolidated Profitability

Adjusted EBITDAR of $887 million, improving modestly by $3 million year-over-year.

Strong Las Vegas Operating Fundamentals

Las Vegas occupancy of 95.3% in the quarter and year-over-year ADR growth of 1%; sequential improvement in hospitality trends versus H2 2025 and management forecasts continued sequential improvement for the remainder of 2026.

Regional Revenue Growth and Strategic Investments

Regional segment net revenues of $1.4 billion, up 3% year-over-year; completed Caesars Windsor acquisition (closed March 3) and opened Harris Oklahoma (April 9); over $3 billion invested in regional CapEx over the last five years with completion of master-plan projects (Tahoe Master Plan scheduled June 2026).

Record Digital Performance

Caesars Digital delivered record Q1 net revenue of $374 million and adjusted EBITDA of $69 million; EBITDA margin expanded 566 basis points to 18.4% and flow-through was strong at just over 66%.

Digital KPIs Improving

Sports net revenue up 9%; iCasino net revenue up 18%; total monthly unique digital players grew ~2% to 512,000 and average revenue per monthly player rose ~15% to $219; universal wallet/player account system live in 27 jurisdictions and expected to be live in all jurisdictions by end of April.

Capital Allocation and Cash Flow Outlook

Management expects strong free cash flow in 2026 driven by operating momentum, lower cash interest expense and lower CapEx; company entering a 'free cash flow harvesting' stage with capital allocated between debt paydown and share repurchase as cash flow permits.

Caesars Entertainment (CZR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CZR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2026	2026 (Q2)	0.05 / -	-0.39	―	―	―
Apr 28, 2026	2026 (Q1)	-0.24 / -0.36	-0.54	32.96% (+0.18)
Feb 17, 2026	2025 (Q4)	-0.15 / -1.23	0.05	-2560.00% (-1.28)
Oct 28, 2025	2025 (Q3)	-0.09 / -0.27	-0.04	-575.00% (-0.23)
Jul 29, 2025	2025 (Q2)	<0.01 / -0.39	-0.56	30.36% (+0.17)
Apr 29, 2025	2025 (Q1)	-0.20 / -0.54	-0.73	26.03% (+0.19)
Feb 25, 2025	2024 (Q4)	-0.13 / 0.05	-0.34	114.71% (+0.39)	―
Oct 29, 2024	2024 (Q3)	0.21 / -0.04	0.34	-111.76% (-0.38)	―
Jul 30, 2024	2024 (Q2)	0.12 / -0.56	4.26	-113.15% (-4.82)	―
Apr 30, 2024	2024 (Q1)	-0.08 / -0.73	-0.63	-15.87% (-0.10)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CZR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$27.31	$27.38	+0.26%
Feb 17, 2026	$18.95	$21.42	+13.03%
Oct 28, 2025	$22.09	$18.73	-15.23%
Jul 29, 2025	$28.47	$27.89	-2.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.