Investing.com - Caesars reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Caesars announced earnings per share of $0.24 on revenue of $2.9B. Analysts polled by Investing.com anticipated EPS of $0.23 on revenue of $2.83B.
Caesars shares are down 4% from the beginning of the year , still down 61.37% from its 52 week high of $114.90 set on Wednesday, November 3, 2021.
Caesars shares lost 0.88% in after-hours trade the report.
Caesars follows other major Consumer Discretionary sector earnings this month
Caesars's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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