Century Casinos (CNTY) Releases Earnings Results, Misses Estimates By $0.05 EPS
Century Casinos (NASDAQ:CNTY) issued its earnings results on Friday. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.05), Morningstar.com reports. Century Casinos had a return on equity of 9.75% and a net margin of 9.53%. The firm had revenue of $39.29 million for the quarter, compared to analyst estimates of $39.83 million.
Shares of Century Casinos (NASDAQ:CNTY) opened at $8.43 on Friday. Century Casinos has a 1-year low of $6.28 and a 1-year high of $9.85. The stock has a market capitalization of $242.13, a price-to-earnings ratio of 17.56 and a beta of -0.06. The company has a current ratio of 1.75, a quick ratio of 1.73 and a debt-to-equity ratio of 0.33.
Several equities research analysts recently issued reports on CNTY shares. BidaskClub upgraded Century Casinos from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 20th. Zacks Investment Research upgraded Century Casinos from a “hold” rating to a “strong-buy” rating and set a $9.00 price target for the company in a report on Monday, November 20th. Finally, Stifel Nicolaus started coverage on Century Casinos in a report on Wednesday, January 10th. They set a “buy” rating and a $13.00 price target for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $11.00.
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About Century Casinos
Century Casinos, Inc is an international casino entertainment company. The Company develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. Its segments include Canada, the United States, Poland, and Corporate and Other. The Canada segment consists of Century Casino & Hotel-Edmonton; Century Casino Calgary; Century Downs Racetrack and Casino, and Century Bets! Inc (Century Bets).
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