Caesars Entertainment Corporation

Caesars Entertainment reported a second-quarter loss of $0.30 per share, missing the Zacks Consensus Estimate of $0.04 and marking an earnings surprise of negative 850 percent. Revenue came in at $2.99 billion, topping the consensus by 1.09 percent and up from $2.91 billion a year earlier. The company has now missed EPS estimates for four straight quarters but has beaten revenue estimates three times over that span. Shares have gained about 28.1 percent year to date, outpacing the S&P 500's 8.3 percent advance. The current Zacks Rank for the stock is 2, or Buy, with consensus estimates for the coming quarter at a loss of $0.04 per share on $2.98 billion in revenue.

Resorts World New York City has broken ground on phase two of its multibillion-dollar expansion at Aqueduct in Queens, adding a 400-room hotel tower and a concert arena as part of a broader $5.5 billion integrated resort plan. The Genting Group-operated property is currently the only full-scale casino in New York City, giving it a multi-year head start over competitors. The New York State Gaming Commission approved three other locations in December, including a Bally's site in the Bronx and a casino near Citi Field backed by Mets owner Steve Cohen, but those ground-up projects are not expected to open until 2030. Wynn Resorts and MGM Resorts both withdrew from the New York City casino license bidding process, while Caesars Entertainment's Times Square project was voted down last September.

Zacks Equity Research has named Amtech Systems as the Bull of the Day and Caesars Entertainment as the Bear of the Day. Amtech, a small-cap semiconductor equipment company, saw revenue jump 31% year over year to $20.5 million in its fiscal second quarter of 2026, driven by AI-related products, with gross margins expanding to nearly 47%. Analysts have raised earnings estimates, pushing the Zacks Consensus Estimate to 32 cents per share for the current year and 80 cents for next year, earning the stock a Zacks Rank of 1, or Strong Buy. Caesars Entertainment carries a Zacks Rank of 5, or Strong Sell, weighed down by approximately $11.9 billion in debt and roughly $2.3 billion in annual interest expense, which contributed to another quarterly loss in the first quarter of 2026 and six consecutive quarters of missed earnings expectations. The research also provided analysis on NIKE, lululemon athletica, and adidas, noting NIKE's wholesale revenue grew 4% to $6.6 billion in its fiscal fourth quarter of 2026, though the stock carries a Zacks Rank of 5.

Six Flags Entertainment is the better leisure stock to buy in 2026 compared to Caesars Entertainment, according to a Motley Fool analysis. Caesars is set to be acquired by Fertitta Entertainment for $31 per share in cash, but with the stock trading around $30 as of July 6, the deal offers limited upside. Six Flags, trading well below its 52-week high of $33.50, is seen as a more attractive investment despite challenges including a $1.6 billion net loss in fiscal 2025 and a debt-to-equity ratio of 9.8 times. The company reported 12% year-over-year revenue growth in the first quarter to $225.6 million, helped by the Cedar Fair merger, though it posted a net loss of $268.6 million. Caesars generated $11.5 billion in revenue in fiscal 2025 but also recorded a net loss of $502 million and carries a debt-to-equity ratio of 7.5 times.

StockStory identifies Caesars Entertainment, Rush Street Interactive, and United Airlines as risky consumer stocks. Caesars Entertainment carries a high 7× net-debt-to-EBITDA ratio, increasing dilution risk, and trades at 98 times forward earnings. Rush Street Interactive’s substandard operating margins limit its responsiveness to market shifts, with shares at 47 times forward earnings. United Airlines lags peers in revenue passenger miles, has a below-industry 9.1% operating margin, and faces a projected 5.5 percentage point decline in free cash flow margin next year as it boosts investment.

Zacks Investment Research added three stocks to its Zacks Rank #5 (Strong Sell) List today. Caesars Entertainment saw its current-year earnings consensus estimate revised 104.2% downward over the last 60 days. Cartesian Therapeutics had its estimate cut by 7%, while Insperity's estimate was revised 11.6% lower over the same period.

VICI Properties holds a high-quality portfolio of experiential assets with long-term triple-net leases, but tenant and Las Vegas concentration remain key concerns. As of the first quarter of 2026, assets on the Las Vegas Strip accounted for nearly 49% of total lease revenues, while MGM and Caesars together contributed approximately 74% of lease revenues. The company owned 100 gaming and experiential properties with 100% occupancy following the Golden Entertainment transaction completed in April 2026, and its portfolio had a weighted average lease term of nearly 39.7 years. VICI had roughly $17.1 billion of debt and approximately $3.1 billion of available liquidity as of March 31, 2026. The Zacks Consensus Estimate for its 2026 funds from operations per share has been raised by a cent over the past two months to $2.46, and the stock carries a Zacks Rank #3 (Hold).