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Caesars Entertainment Shares Fall On Q1 Results: Here's Why

Caesars Entertainment Inc. (NASDAQ:CZR) reported its first-quarter financial results after the bell Tuesday. Here's a look at the details.  The Details: Caesars Entertainment reported quarterly losses of 73 cents per share. Quarterly sales came in at $2.74 billion, missing the $2.84 billion analyst consensus estimate. As of March 31, 2024, Caesars had $12.4 billion in aggregate principal amount of debt outstanding. Total cash and cash equivalents ...