Century Casinos (CNTY) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS
Century Casinos (NASDAQ:CNTY) posted its quarterly earnings results on Thursday. The company reported $0.01 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.07, American Banking and Market News reports.
On a related note, analysts at Zacks upgraded shares of Century Casinos from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $5.60 price target on the stock.
Shares of Century Casinos (NASDAQ:CNTY) traded down 0.74% during mid-day trading on Thursday, hitting $5.6975. 112,415 shares of the company’s stock traded hands. Century Casinos has a 52-week low of $4.00 and a 52-week high of $8.21. The stock’s 50-day moving average is $5.58 and its 200-day moving average is $6.22. The company has a market cap of $138.9 million and a price-to-earnings ratio of 27.46.
Century Casinos, Inc (NASDAQ:CNTY) is an international casino entertainment company, which develops and operates gaming establishments and related lodging and restaurant facilities globally.