NASDAQ$CZR
Caesars Entertainment Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Caesars Entertainment, Inc. reported improved operating results driven by strength in regional markets and dramatic improvement in Las Vegas segment.
Caesars Entertainment, Inc. reported net revenues of $2.5 billion and net income of $71 million for the second quarter ended June 30, 2021. Same-store Adjusted EBITDA was $1.0 billion. The company posted all-time records in quarterly Adjusted EBITDA and Adjusted EBITDA margin.
- Net revenues reached $2.5 billion, a significant increase from the prior-year period.
- Net income was $71 million, a turnaround from the previous year's net loss of $100 million.
- Same-store Adjusted EBITDA was $1.0 billion, compared to $(131) million in the prior-year period.
- Company launched a comprehensive new marketing campaign for Caesars Sportsbook.
Headline financials
Revenue & EPS history
Caesars · Revenue · Quarterly
$2.5B
Revenue by segment
Caesars · $2.61B total across 5 segments · Q2 2021
- Regional$1.54B—59.2%
- Las Vegas$855M—32.8%
- Caesars Digital$117M—4.5%
- Managed & Branded$86M—3.3%
- Corporate & Other$5M—0.2%
Forward guidance
The company anticipates that its balance sheet will be further enhanced through improved operating trends and expected asset sale proceeds and remains committed to further debt reduction.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.1%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+5.5%
Avg return
30 days after
48%
22 / 46 earnings
Positive
+13.0%
Q4 2025
Best reaction
-15.4%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +0.3% | +6.3% | |
| Q4 2025 | +13.0% | +6.7% | +41.2% | |
| Q3 2025 | -15.4% | -7.4% | +5.3% | |
| Q1 2025 | -3.3% | -1.3% | -4.0% | |
| Q4 2024 | -0.9% | -9.8% | -26.4% | |
| Q3 2024 | -8.7% | -13.9% | -16.0% | |
| Q2 2024 | +9.4% | -2.4% | +1.8% | |
| Q1 2024 | -3.2% | -6.0% | -15.2% | |
| Q4 2023 | -0.6% | -2.0% | -2.1% | |
| Q3 2023 | -1.5% | +10.8% | +11.5% | |
| Q2 2023 | -6.3% | -6.0% | -6.4% | |
| Q1 2023 | -5.4% | -3.9% | -10.4% | |
| Q4 2022 | +2.3% | -5.2% | -20.3% | |
| Q3 2022 | +0.8% | -2.5% | +18.5% | |
| Q2 2022 | +7.0% | +3.5% | -7.7% | |
| Q1 2022 | -2.9% | -12.3% | -24.1% | |
| Q4 2021 | -0.8% | +6.8% | -0.4% | |
| Q3 2021 | -1.2% | -5.0% | -19.7% | |
| Q2 2021 | -1.7% | +4.6% | +19.7% | |
| Q1 2021 | +6.3% | +9.1% | +13.1% | |
| Q4 2020 | +4.0% | +3.5% | -2.5% | |
| Q3 2020 | +9.0% | +15.5% | +41.5% | |
| Q2 2020 | +4.3% | +6.6% | +40.2% | |
| Q1 2020 | +2.7% | +10.1% | +89.0% | |
| Q4 2019 | -4.2% | -18.3% | -72.8% | |
| Q3 2019 | +0.3% | +6.9% | +10.8% | |
| Q2 2019 | -1.9% | -6.4% | -11.8% | |
| Q1 2019 | -2.2% | -2.0% | -0.4% | |
| Q4 2018 | -5.9% | +0.0% | +4.7% | |
| Q3 2018 | +10.9% | +2.1% | +20.5% | |
| Q2 2018 | -14.2% | -0.7% | +12.1% | |
| Q1 2018 | +0.0% | +4.6% | +12.7% | |
| Q4 2017 | +2.0% | +8.2% | +0.1% | |
| Q3 2017 | +0.0% | +11.3% | +19.1% | |
| Q2 2017 | +1.2% | -3.2% | +12.4% | |
| Q1 2017 | +1.3% | +4.4% | +8.9% | |
| Q4 2016 | +4.5% | +1.8% | +14.5% | |
| Q3 2016 | +2.2% | +16.7% | +53.7% | |
| Q2 2016 | -1.0% | -4.0% | -1.9% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | -10.4% | — | — | |
| Q2 2015 | +8.5% | — | — | |
| Q1 2015 | +6.3% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | -7.9% | — | — | |
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