Streetbeat News

CNTY

Century Casinos, Inc.

https://www.cnty.com

Industry

Gambling, Resorts & Casinos

Century Casinos, Inc. operates as a casino entertainment company in the United States, Canada, and Poland. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. As of March 8, 2022, it operated two ship-based casinos. The company was founded in 1992 and is based in Colorado Springs, Colorado.

Open

1.95

Mkt cap

57M

Volume

46K

High

1.97

P/E Ratio

-0.44

52-wk high

5.09

Low

1.85

Div yield

N/A

52-wk low

1.64

Stifel analyst Jeffrey Stantial has reiterated a Buy rating on Century Casinos (NASDAQ:CNTY) but lowered the price target from $5 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 1:32 pm

Century Casinos, Inc. (NASDAQ:CNTY) reported a 39% increase in Q4 revenues to $143.76 million, surpassing analyst expectations. Despite a loss per share of $(0.36), the company saw a 17% increase in Adjusted EBITDAR. Operations in Poland were affected by licensing delays. The company anticipates benefits from newly acquired units starting 2025, with $171.3 million in cash and $346.8 million in debt as of the end of 2023. CNTY shares rose 0.32% to $3.09.

Portfolio Pulse from Nabaparna Bhattacharya

March 14, 2024 | 4:27 pm

Century Casinos (NASDAQ:CNTY) reported Q4 losses of $(0.36) per share, aligning with analyst estimates but marking a 157.14% decrease from the previous year. Quarterly sales reached $143.76M, surpassing the $142.31M estimate and showing a 38.56% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:03 am

Numerous companies are scheduled to report their earnings on March 14, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with key figures such as revenue and per-share earnings highlighted for each company.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 9:52 am

Century Casinos (NASDAQ:CNTY) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $-0.36. The company's past earnings performance shows a trend of missing EPS estimates, leading to negative stock price movements. Shares are currently trading at $3.18, reflecting a 57.03% decline over the last 52 weeks. Investors are looking for positive guidance for the next quarter to potentially influence the stock's direction.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 6:01 pm

Century Casinos announced its preliminary Q4 net operating revenue is expected to be between $140M and $145M, which is in line with the estimated $144.58M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:34 pm

In Thursday's intraday session, several consumer discretionary stocks experienced significant movements. Fitell (FTEL) and M.D.C. Holdings (MDC) were among the top gainers, with shares rising 18.5% and 18.28% respectively. On the losing side, QuantaSing Group (QSG) and Century Casinos (CNTY) saw their shares decline by 17.8% and 15.02%. The movements reflect changes in market capitalization for these companies, with impacts on their stock prices.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 5:31 pm

Century Casinos' stock (CNTY) is trading lower following a downgrade by JMP Securities from Market Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 5:20 pm

JMP Securities analyst Jordan Bender has downgraded Century Casinos (NASDAQ:CNTY) from Market Outperform to Market Perform, indicating a shift in the firm's outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:24 am

Macquarie analyst Chad Beynon has downgraded Century Casinos (NASDAQ:CNTY) from Outperform to Neutral and reduced the price target from $8 to $5.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 8:17 pm

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