Century Casinos (CNTY) Set to Announce Quarterly Earnings on Monday

Century Casinos (NASDAQ:CNTY - Get Free Report) will announce its earnings results before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of ($0.28) per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Century Casinos (NASDAQ:CNTY - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($0.96). Century Casinos had a negative net margin of 13.65% and a negative return on equity of 40.28%. The firm had revenue of $146.44 million during the quarter, compared to analysts' expectations of $154.60 million. During the same quarter last year, the company posted ($0.06) earnings per share. On average, analysts expect Century Casinos to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Century Casinos Stock Up 2.5 %

Century Casinos stock traded up $0.08 during midday trading on Tuesday, hitting $3.30. 48,717 shares of the stock were exchanged, compared to its average volume of 138,050. Century Casinos has a 1 year low of $1.94 and a 1 year high of $5.05. The company has a debt-to-equity ratio of 6.22, a current ratio of 1.96 and a quick ratio of 1.91. The firm has a market cap of $101.25 million, a P/E ratio of -2.46 and a beta of 2.60. The company has a 50 day moving average price of $2.54 and a two-hundred day moving average price of $2.65.

Wall Street Analysts Forecast Growth

Separately, Macquarie reduced their price target on Century Casinos from $5.00 to $4.00 and set an "outperform" rating for the company in a report on Friday, August 9th.

Century Casinos Company Profile

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.