Century Casinos (CNTY) to Release Earnings on Thursday

Century Casinos (NASDAQ:CNTY) is scheduled to be releasing its earnings data before the market opens on Thursday, May 9th. Analysts expect Century Casinos to post earnings of ($0.53) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Century Casinos (NASDAQ:CNTY) last released its quarterly earnings results on Thursday, March 14th. The company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $143.76 million for the quarter, compared to the consensus estimate of $142.60 million. During the same quarter last year, the firm posted ($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 Stock Performance

Shares of NASDAQ CNTY traded down $0.10 during midday trading on Tuesday, reaching $3.13. The company’s stock had a trading volume of 11,116 shares, compared to its average volume of 145,977. Century Casinos has a one year low of $2.46 and a one year high of $8.11. The company has a 50 day moving average price of $3.02 and a 200 day moving average price of $3.74. The company has a quick ratio of 2.16, a current ratio of 2.21 and a debt-to-equity ratio of 4.58.

Wall Street Analyst Weigh In

Several research firms recently commented on CNTY. Stifel Nicolaus reissued a “buy” rating and set a $4.00 target price on shares of Century Casinos in a research note on Monday, April 8th. JMP Securities lowered shares of Century Casinos from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 18th. StockNews.com lowered shares of Century Casinos from a “hold” rating to a “sell” rating in a research note on Friday, April 19th. Finally, Macquarie raised shares of Century Casinos from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average 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.