Edition:
India

Caesars Entertainment Q1 Loss Per Share $0.36


Tuesday, 12 May 2020 

May 11 (Reuters) - Caesars Entertainment Corp ::Q1 LOSS PER SHARE $0.36 .DUE TO COVID-19, REVISED OUTLOOK, PROJECTED REVENUE RESULTED IN IMPAIRMENTS TO INTANGIBLE ASSETS OF $32 MILLION IN 2020 .CAESARS ENTERTAINMENT REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2020.Q1 REVENUE $1.83 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.04 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.18 -- REFINITIV IBES DATA.MORE THAN $2.6 BILLION IN LIQUIDITY AS OF MARCH 31, 2020.Q1 RESULTS REFLECT SIGNIFICANT REVENUE DECLINES FROM MANDATED PROPERTY CLOSURES.