Century Casinos Inc reports results for the quarter ended in January - Earnings Summary

Century Casinos

08/08/2024 14:32

* Century Casinos Inc  CNTY.OQ  reported a quarterly
adjusted loss
of $1.36​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of -6 cents.  The mean expectation of three analysts for the
quarter was for a loss of 29 cents per share. Wall Street
expected results to range from -40 cents to -22 cents per share.
    * Revenue rose 7.1% to $146.44 million from a year ago;
analysts
expected $151.65 million. 
    * Century Casinos Inc's reported EPS for the quarter was a
loss of
$1.36​.
    * The company reported a quarterly loss of $41.61 million.
    * Century Casinos Inc shares had fallen by 14.8% this
quarter and
lost 51.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "buy"

Wall Street's median 12-month price target for Century Casinos
Inc is $5.00 
This summary was machine generated from LSEG data August 8 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.29          -1.36          Missed
 Mar. 31 2024      -0.42          -0.45          Missed
 Dec. 31 2023      -0.36          -0.36          Met
 Sep. 30 2023      0.12           -0.47          Missed