Caesars Entertainment reported a fourth quarter net loss of $3.88 a share, more than ten times greater than the 37-cents-a-share loss expected by analysts polled by FactSet. The Las Vegas-based gaming company reported fourth quarter revenue of $949 million, compared with the $2.39 billion expected by FactSet.
Category: Boyd Bros Transportation
Boyd Gaming Reports Mixed Q4 Results
Boyd Gaming reported a 2.2% increase in fourth quarter net revenue to $554.8 million, generating earnings of 38 cents a share. Analysts polled by FactSet were expecting the company to report revenue of $561.1 million and earnings of 24 cents per share.
Caesars, Boyd to Release Fourth-Quarter Results on Valentine’s Day
Both Caesars Entertainment and Boyd Gaming are expected to report top- and bottom-line results ahead of last year’s totals. Valentine’s Day will mark the release of fourth quarter earnings for fellow gaming companies Caesars Entertainment and Boyd Gaming after the closing bell.