Century Casinos (CNTY) to Release Quarterly Earnings on Thursday

Century Casinos (NASDAQ:CNTY) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Century Casinos to post earnings of ($0.53) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Century Casinos (NASDAQ:CNTY) last issued its quarterly earnings results on Thursday, March 14th. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.01). Century Casinos had a negative return on equity of 13.42% and a negative net margin of 5.12%. The business had revenue of $143.76 million for the quarter, compared to the consensus estimate of $142.60 million. During the same period in the prior year, the business earned ($0.14) 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

NASDAQ:CNTY opened at $3.09 on Wednesday. Century Casinos has a 1-year low of $2.46 and a 1-year high of $8.11. The company has a current ratio of 2.21, a quick ratio of 2.16 and a debt-to-equity ratio of 4.58. The firm has a fifty day simple moving average of $3.02 and a 200 day simple moving average of $3.73. The stock has a market capitalization of $94.80 million, a PE ratio of -3.32 and a beta of 2.60.

Analyst Upgrades and Downgrades

CNTY has been the subject of several analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a $4.00 target price on shares of Century Casinos in a research note on Monday, April 8th. StockNews.com cut shares of Century Casinos from a “hold” rating to a “sell” rating in a research report on Friday, April 19th. JMP Securities cut shares of Century Casinos from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 18th. Finally, Macquarie raised shares of Century Casinos from a “neutral” rating to an “outperform” rating in a research report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Century Casinos presently has a consensus rating of “Hold” and an average price target of $9.00.

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.