BUZZ-Caesars Entertainment rises as it swings to profit in Q4
ReutersFeb 26, 2025 1:48 PM
Shares of casino operator Caesars Entertainment CZR.O up 3% to ~$36 premarket
CZR on Tuesday swung to fourth-quarter profit from year-ago loss, driven by strong performance from its casino operations in Las Vegas
Company posted quarterly net income of 5 cents per share, compared to loss of 34 cents per share a year ago
12 of 17 brokerages rate CZR "buy" or higher, 3 "hold" and two "sell"; their median PT is $50 - LSEG data
In 2024, stock was down 28.7%
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