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CNTY — Century Casinos News Story

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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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