Century Casinos Q2 EPS $(0.06) Misses $0.05 Estimate, Sales $136.80M Beat $132.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Century Casinos (NASDAQ:CNTY) reported Q2 losses of $(0.06) per share, missing the analyst consensus estimate of $0.05 by 220 percent. This is a 121.43 percent decrease from the same period last year. However, the company reported quarterly sales of $136.80 million, beating the analyst consensus estimate of $132.40 million by 3.32 percent, a 23.11 percent increase from last year.
August 08, 2023 | 10:02 am
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Century Casinos reported a significant decrease in earnings per share, missing estimates. However, sales exceeded expectations, indicating potential growth.
The company's earnings per share missed estimates significantly, which could negatively impact the stock price. However, the increase in sales could indicate potential for growth, which may offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100