|Bid||270.80 x 0|
|Ask||270.90 x 0|
|Day's Range||270.50 - 271.30|
|52 Week Range||28.63 - 313.00|
|Beta (5Y Monthly)||1.66|
|PE Ratio (TTM)||15.84|
|Earnings Date||Mar 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 23, 2020|
|1y Target Est||264.08|
British bookmaker William Hill, which is being taken over by Caesars Entertainment Inc, posted a 91% fall in annual adjusted pre-tax profit on Thursday as it business struggled due to a lack of global sporting events and shop closures. The company, which operates around 1,400 betting shops in the UK, reported an adjusted pre-tax profit of 9.1 million pounds ($12.71 million) for the year ended Dec. 29, compared with 96.5 million pounds a year earlier. Online betting, however, has enjoyed a boost as coronavirus restrictions encouraged customers to bet more from home, with the company's online net revenue rising 9%.
UK-based gambling groups have targeted growth in online betting and new markets in order to offset sharp losses in revenue from high street betting shops, many of which remain closed under government-ordered lockdowns. Entain, owner of the Ladbrokes and Coral brands, said on Thursday that its gambling websites had had “significant uplifts as a result of retail closure” and that it expected the shift to online to cover permanent damage to demand in bricks-and-mortar stores. Its online operations, by contrast, posted an increase of 28 per cent in revenues to £2.7bn, while underlying operating profit rose by almost two-thirds to £679m, as punters turned to online betting to ease lockdown boredom.
CZR earnings call for the period ending December 31, 2020.