Caesars Entertainment Inc
CZR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !CL | LOCK|#@ | LOCK|f<<YGhFb |
Caesars Earnings: Vegas Sales Decline, but Fertitta's Acquisition Should Enhance the Position
Caesars' third-quarter revenue increased 2.5%, with Vegas declining 2% and regional and digital assets up 6% and 5%, respectively. Adjusted EBITDA decreased 2% on a 7% lift in general costs. Caesars did not host a conference call because of its impeding acquisition by Fertitta Entertainment in May.
