Century Casinos (CNTY) to Release Quarterly Earnings on Thursday

Century Casinos (NASDAQ:CNTY) will be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.53) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Century Casinos (NASDAQ:CNTY) last announced its quarterly earnings results on Thursday, March 14th. The company reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.01). The firm had revenue of $143.76 million for the quarter, compared to analysts’ expectations of $142.60 million. Century Casinos had a negative return on equity of 13.42% and a negative net margin of 5.12%. During the same period last year, the firm earned ($0.14) EPS. On average, analysts expect Century Casinos to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Century Casinos Price Performance

Shares of NASDAQ:CNTY opened at $3.09 on Wednesday. The business’s 50 day simple moving average is $3.02 and its 200-day simple moving average is $3.73. The firm has a market capitalization of $94.80 million, a price-to-earnings ratio of -3.32 and a beta of 2.60. The company has a debt-to-equity ratio of 4.58, a current ratio of 2.21 and a quick ratio of 2.16. Century Casinos has a 12 month low of $2.46 and a 12 month high of $8.11.

Analyst Upgrades and Downgrades

CNTY has been the topic of several research analyst reports. Stifel Nicolaus reissued a “buy” rating and set a $4.00 price target on shares of Century Casinos in a research note on Monday, April 8th. StockNews.com lowered Century Casinos from a “hold” rating to a “sell” rating in a research note on Friday, April 19th. Macquarie raised Century Casinos from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 10th. Finally, JMP Securities lowered Century Casinos from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $9.00.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.