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Caesars Entertainment Stock Bullish Momentum With A 9.7% Rise On Saturday

(VIANEWS) – The NASDAQ ended the session with Caesars Entertainment (CZR) rising 9.7% to $44.57 on Saturday while NASDAQ rose 1.38% to $13,478.28.

Caesars Entertainment’s last close was $40.63, 32.59% under its 52-week high of $60.27.

About Caesars Entertainment

Caesars Entertainment, Inc. operates as a gaming and hospitality company in the United States. The company owns, leases, or manages domestic properties in 16 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts sports wagering across 28 jurisdictions in North America, including mobile for sports betting and regulated online real money gaming in six jurisdictions in North America; retail and online gaming and sports betting; and other games, such as keno. In addition, the company operates dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. Caesars Entertainment, Inc. was founded in 1937 and is based in Reno, Nevada.

Earnings Per Share

As for profitability, Caesars Entertainment has a trailing twelve months EPS of $3.28.

PE Ratio

Caesars Entertainment has a trailing twelve months price to earnings ratio of 13.59. Meaning, the purchaser of the share is investing $13.59 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.3%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 11.42B for the twelve trailing months.

More news about Caesars Entertainment (CZR).

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