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Dec 31, 2022
Caesars Q4 2022 Earnings Report
Caesars Entertainment reported strong Q4 2022 results with revenue growth and improved profitability.
Key Takeaways
Caesars Entertainment, Inc. reported GAAP net revenues of $2.8 billion for Q4 2022, compared to $2.6 billion for the prior-year period. The company's GAAP net loss was $148 million, an improvement from the $434 million net loss in the same period last year. Same-store Adjusted EBITDA was $957 million, compared to $581 million for the comparable prior-year period.
GAAP net revenues increased to $2.8 billion from $2.6 billion year-over-year.
GAAP net loss improved to $148 million from a $434 million loss year-over-year.
Same-store Adjusted EBITDA was $957 million, up from $581 million year-over-year.
Las Vegas and Regional segments each set a new fourth quarter record for Adjusted EBITDA.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Consumer demand remains strong in all of our verticals and we are optimistic for the year ahead.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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