Century Casinos Q2 revenue misses on underperformance in Poland
Century Casinos Q2 revenue misses on underperformance in Poland
Overview
Casino operator's Q2 net revenue rose 1% but missed analyst expectations
Adjusted EBITDAR grew 5%, driven by strong North American performance
Company's results were negatively impacted by underperformance in Poland
Outlook
Company expects continued strong performance at the Nugget Casino Resort in 2026 and beyond
Century Casinos sees signs of improvement in Poland that could lead to better results over coming quarters
Result Drivers
US WEST SEGMENT - Co said strong performance at Nugget Casino Resort drove gains in US West segment
POLAND UNDERPERFORMANCE - Co said Poland continued to underperform due in part to low table hold in June
US MIDWEST CONTRIBUTION - Co said US Midwest segment, including Missouri and Colorado properties, contributed to North American growth
Company press release: ID:nPnkR8Vga
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $152 mln | $153.86 mln (4 Analysts) |
Q2 Loss Per Share |
| $0.39 |
|
Q2 Earnings from Operations |
| $17.20 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the casinos & gaming peer group is "buy"
Wall Street's median 12-month price target for Century Casinos Inc is $3.00, about 152.1% above its August 6 closing price of $1.19
Reuters Recommended Reads
Aug 6 - Full House Resorts Q2 revenue up; net loss narrows
Aug 6 - PENN Entertainment Q2 revenue meets estimates on retail segment strength
Aug 4 - Accel Entertainment Q2 revenue beats estimates, helped by Illinois performance
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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