Century Casinos (CNTY) Set to Announce Quarterly Earnings on Thursday

Century Casinos (NASDAQ:CNTY) is set to announce its earnings results before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of ($0.40) per share for the quarter.

Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.45) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.08. The business had revenue of $136.02 million during the quarter, compared to the consensus estimate of $139.70 million. Century Casinos had a negative return on equity of 18.29% and a negative net margin of 7.01%. During the same quarter in the prior year, the company earned ($0.04) earnings per share. 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

CNTY opened at $3.08 on Thursday. The stock has a fifty day simple moving average of $2.61 and a two-hundred day simple moving average of $2.96. The company has a current ratio of 2.06, a quick ratio of 2.01 and a debt-to-equity ratio of 4.92. The company has a market cap of $94.49 million, a price-to-earnings ratio of -2.30 and a beta of 2.64. Century Casinos has a 12-month low of $2.35 and a 12-month high of $8.01.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CNTY shares. Macquarie upgraded Century Casinos from a “neutral” rating to an “outperform” rating in a report on Wednesday, April 10th. StockNews.com downgraded Century Casinos from a “hold” rating to a “sell” rating in a report on Friday, April 19th. Finally, Stifel Nicolaus restated a “buy” rating and set a $4.00 price target on shares of Century Casinos in a report on Monday, April 8th.

About Century Casinos

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.