Caesars Entertainment Inc Q3 Loss Increases, Misses Estimates

(RTTNews) - Caesars Entertainment Inc (CZR) revealed Loss for its third quarter that increased from last year and missed the Street estimates.

The company's bottom line came in at -$55 million, or -$0.27 per share. This compares with -$9 million, or -$0.04 per share, last year.

Analysts on average had expected the company to earn $0.08 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.2% to $2.869 billion from $2.874 billion last year.

Caesars Entertainment Inc earnings at a glance (GAAP) :

-Earnings: -$55 Mln. vs. -$9 Mln. last year. -EPS: -$0.27 vs. -$0.04 last year. -Revenue: $2.869 Bln vs. $2.874 Bln last year.