Q2 2022 EPS Estimates for Century Casinos, Inc. Reduced by Analyst (NASDAQ:CNTY)

Century Casinos, Inc. (NASDAQ:CNTYGet Rating) – Equities researchers at B. Riley reduced their Q2 2022 earnings per share (EPS) estimates for shares of Century Casinos in a note issued to investors on Monday, May 9th. B. Riley analyst D. Bain now forecasts that the company will post earnings of $0.21 per share for the quarter, down from their previous estimate of $0.24. B. Riley also issued estimates for Century Casinos’ Q2 2023 earnings at $0.32 EPS, Q3 2023 earnings at $0.34 EPS and Q1 2024 earnings at $0.27 EPS.

A number of other research analysts also recently weighed in on CNTY. Roth Capital reaffirmed a “buy” rating on shares of Century Casinos in a research note on Wednesday, January 12th. Zacks Investment Research raised Century Casinos from a “sell” rating to a “hold” rating in a report on Wednesday, March 9th. Finally, StockNews.com raised Century Casinos from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 9th.

Shares of Century Casinos stock opened at $8.83 on Tuesday. Century Casinos has a one year low of $8.72 and a one year high of $16.44. The company has a debt-to-equity ratio of 3.06, a current ratio of 2.33 and a quick ratio of 2.30. The stock’s 50-day moving average is $11.40 and its 200 day moving average is $12.19. The firm has a market cap of $261.59 million, a price-to-earnings ratio of 12.26 and a beta of 2.80.

Century Casinos (NASDAQ:CNTYGet Rating) last issued its quarterly earnings data on Friday, May 6th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). Century Casinos had a return on equity of 14.89% and a net margin of 5.31%. During the same period in the prior year, the business posted ($0.05) EPS.

Several hedge funds have recently modified their holdings of CNTY. Metropolitan Life Insurance Co NY purchased a new stake in Century Casinos during the first quarter valued at about $86,000. Morgan Stanley raised its position in Century Casinos by 4,585.2% during the second quarter. Morgan Stanley now owns 59,361 shares of the company’s stock valued at $798,000 after purchasing an additional 58,094 shares in the last quarter. Millennium Management LLC purchased a new stake in Century Casinos during the second quarter valued at about $571,000. Wells Fargo & Company MN raised its position in Century Casinos by 552.1% during the second quarter. Wells Fargo & Company MN now owns 81,736 shares of the company’s stock valued at $1,097,000 after purchasing an additional 69,201 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Century Casinos during the third quarter valued at about $126,000. Institutional investors own 70.66% of the company’s stock.

In other Century Casinos news, CEO Erwin Et Al Haitzmann acquired 7,500 shares of the stock in a transaction that occurred on Thursday, March 10th. The shares were bought at an average price of $11.21 per share, for a total transaction of $84,075.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 12.80% of the stock is owned by company insiders.

Century Casinos Company Profile (Get Rating)

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. As of March 8, 2022, it operated two ship-based casinos.

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Earnings History and Estimates for Century Casinos (NASDAQ:CNTY)

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