Caesars reports Q2 EPS $4.27, consensus 33c

Reports Q2 revenue $2.88B, consensus $2.87B. Tom Reeg, CEO, commented, “The second quarter of 2023 reflected continued strength in our business. Demand remains strong in both Las Vegas and our regional markets. Caesars Digital posted its first quarter of positive adjusted EBITDA since our rebranding to Caesars Sportsbook in the third quarter of 2021. Our capital investments are generating stronger than expected returns based on recent new property openings.”