- Wall Street anticipates an earnings per share (EPS) of -$0.19 and revenue of approximately $2.79 billion for the quarter ending March 2025.
- The company’s high debt-to-equity ratio of approximately 6.03 indicates a reliance on borrowed funds, posing potential risks.
- A current ratio of about 0.77 suggests challenges in covering short-term liabilities with short-term assets.
Caesars Entertainment (NASDAQ:CZR) is a prominent player in the casino and entertainment industry, known for its extensive portfolio of properties and digital gaming platforms. As the company gears up to release its quarterly earnings on April 29, 2025, Wall Street anticipates an earnings per share (EPS) of -$0.19 and revenue of approximately $2.79 billion.
The company’s revenue is expected to benefit from recent new openings and strong performance in its digital segment. According to Zacks Investment Research, CZR is anticipated to surpass earnings estimates, driven by higher revenues for the quarter ending March 2025. This potential outperformance could positively impact the stock price.
However, CZR’s financial health presents some challenges. The company has a debt-to-equity ratio of approximately 6.03, indicating a high level of debt compared to its equity. This suggests that CZR relies heavily on borrowed funds, which could pose risks if not managed carefully.
Additionally, CZR’s current ratio stands at about 0.77, which means the company may struggle to cover its short-term liabilities with its short-term assets. This could impact its ability to meet immediate financial obligations, highlighting the importance of effective cash flow management.
The upcoming earnings call will be crucial in providing insights into the company’s business conditions and future earnings expectations. Investors will closely monitor management’s discussion to gauge the sustainability of any immediate price changes and the company’s long-term prospects.