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Caesars Entertainment, Inc.<\/strong> CZR reported third-quarter 2025 results, with both earnings and revenues missing the Zacks Consensus Estimate. Additionally, both the top and bottom lines declined year over year. CZR stock declined 2% during trading hours and fell an additional 7.1% in after-hours trading.<\/p>\n \u00a0<\/p>\n The company recorded soft performance across most other segments and faced several headwinds during the quarter \u2014 including incremental state taxes, higher acquisition marketing spend and increased bad debt. Despite these challenges, management remains optimistic about sequential improvement, noting that September delivered the strongest results of the quarter.<\/p>\n \u00a0<\/p>\n CZR\u2019s Las Vegas operations delivered comparatively better results versus recent quarters, supported by resilient leisure trends and a robust group and convention calendar. Management anticipates further improvement in Las Vegas operating trends in the upcoming quarter. Regional revenues also rose year over year, driven by strong returns from Danville and New Orleans, along with same-store net revenue growth supported by continued strategic reinvestment in the Caesars Rewards customer base.<\/p>\n For the quarter, the company recorded an adjusted loss per share of 27 cents, which was wider than the Zacks Consensus Estimate of\u00a0an adjusted loss of\u00a011 cents by 145.5%. It reported an adjusted loss of 4 cents per share in the prior-year quarter.<\/p>\n Caesars Entertainment, Inc. price-consensus-eps-surprise-chart | Caesars Entertainment, Inc. Quote<\/p>\n \u00a0<\/p>\n Net revenues of $2.87 billion missed the consensus mark of $2.89 billion by 0.7% and decreased 0.2% year over year.<\/p>\n \u00a0<\/p>\n Las Vegas:<\/strong> Net revenues in this segment totaled $952 million, down 10.4% from the $1.06 billion in the year-ago quarter. The segment\u2019s adjusted EBITDA was $379 million, down from $472 million in the prior-year quarter.<\/p>\n \u00a0<\/p>\n Regional:<\/strong> The segment\u2019s quarterly net revenues were $1.54 billion, up 6.2% year over year from $1.45 billion in the year-ago quarter. Adjusted EBITDA reached $506 million, up from $498 million in the prior-year quarter.<\/p>\n \u00a0<\/p>\n Caesars Digital: <\/strong>The segment\u2019s net revenues were $311 million, up 2.6% year over year from $303 million. Adjusted EBITDA totaled $28 million, down from $52 million reported in the year-ago quarter.<\/p>\n \u00a0<\/p>\n Managed and Branded:<\/strong> Net revenues in this segment were $73 million, up 7.4% year over year from $68 million. The segment\u2019s adjusted EBITDA was $18 million, down from $19 million reported in the year-ago quarter.<\/p>\n<\/p><\/div>\n