Caesars Entertainment Corporation (CZR) CEO Tony Rodio on Q1 2020 Results - Earnings Call Transcript

May 11, 2020 9:11 PM ETCaesars Entertainment, Inc. (CZR) StockCZR
SA Transcripts
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Q1: 2020-05-11 Earnings Summary

EPS of -$2.25 misses by $2.42
 | Revenue of $473.07M (-25.60% Y/Y) misses by $58.14M

Caesars Entertainment Corporation (NASDAQ:CZR) Q1 2020 Earnings Conference Call May 11, 2020 5:00 PM ET

Company Participants

Joyce Arpin - Investor Relations
Tony Rodio - Chief Executive Officer
Eric Hession - Chief Financial Officer

Conference Call Participants

David Katz - Jefferies
Carlo Santarelli - Deutsche Bank
Shaun Kelly - Bank of America
Thomas Allen - Morgan Stanley
Harry Curtis - Instinet

Operator

Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session [Operator Instructions]. I would now like to hand the conference over to your speaker today, Ms. Joyce. You may begin.

Joyce Arpin

Thank you. Good afternoon. And welcome to the Caesars Entertainment Corporation First Quarter 2020 Earnings Conference Call. Joining me today from Ceasars Entertainment are Tony Rodio, Chief Executive Officer and Eric Hession, Chief Financial Officer. A copy of the press release, earnings presentation slides and a replay of this call are available in the investor relations section of our Web site at caesars.com. Also please note that prior to this call, we furnished a copy of the earnings release to the SEC in a Form 8-K, and we'll file our Form 10-Q shortly.

Before we get under way, I would like to remind you that today's conference call will contain forward-looking statements that we are making under the safe harbor provisions of federal securities laws. The company's actual results could differ materially from the anticipated results in those forward-looking statements. In addition, we may discuss non-GAAP measures. Please refer to Slide 17 through 22, which include forward-looking statements, safe harbor disclaimers and definitions of certain non-GAAP measures, and Slide 11 to 12, which include tables reconciling GAAP and non-GAAP figures.

I will now turn the call over to

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