NEW YORK (TheStreet) -- Caesars Entertainment (CZR) - Get Report shares are dropping in after-hours trading on Monday, down 7.44% to $10.20, following the release of the gaming company's fourth quarter earnings results after the closing bell today.

The Nevada-based company reported fourth quarter net loss of $1.011 billion, or a loss of $7 per share, which is narrower than the 1.757 billion loss, or $12.83 per share the company reported losing during the same period last year. On an adjusted basis the company reported a net loss of $3.56 for the period.

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Revenue for the period was also up, climbing to $2.131 billion from $2.004 billion last year as casino revenue rose to $1.371 billion from $1.350 billion.

However, analysts on average were expecting the company to report a loss of $2.04 per share on revenue of $2.2 billion.

CEO Gary Loveman credited the company's revenue increase on sequential improvement in same-store regional results and new hospitality offerings. Loveman previously announced plans to step down from the gaming company this year as the it restructures itself after filing for Chapter 11 protection in January.

TheStreet Ratings team rates CAESARS ENTERTAINMENT CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate CAESARS ENTERTAINMENT CORP (CZR) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• You can view the full analysis from the report here: CZR Ratings Report

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