Caesars Entertainment Inc
CZR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| PSn | LOCK|%Fg | LOCK|btkHm%TC |
Caesars Earnings: No Signs of Weakening Demand, as the Digital Business Shines; Shares Attractive
Caesars' first-quarter revenue increased 2% driven by 19% growth in its digital segment, as new products resonate with users. EBITDA grew 4% to $884 million due to digital profitability expanding to $43 million from $5 million in the year-ago period, aided by lower promotional activity.
