Century Casinos, Inc. (NASDAQ:CNTY) – Craig Hallum reduced their FY2018 earnings per share (EPS) estimates for Century Casinos in a note issued to investors on Sunday. Craig Hallum analyst M. Malouf now forecasts that the company will post earnings per share of $0.41 for the year, down from their prior forecast of $0.51. Craig Hallum also issued estimates for Century Casinos’ Q4 2018 earnings at $0.13 EPS.

Century Casinos (NASDAQ:CNTY) last released its quarterly earnings data on Friday, May 5th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.14 by $0.05. The company had revenue of $36.40 million during the quarter, compared to analyst estimates of $36 million. Century Casinos had a net margin of 5.02% and a return on equity of 5.26%.

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Earnings History and Estimates for Century Casinos (NASDAQ:CNTY)

Several other brokerages have also recently issued reports on CNTY. Zacks Investment Research cut Century Casinos from a “buy” rating to a “hold” rating in a research report on Tuesday. Aegis initiated coverage on Century Casinos in a research report on Friday, March 10th. They set a “buy” rating and a $9.30 target price on the stock. Finally, TheStreet raised Century Casinos from a “c+” rating to a “b” rating in a research report on Wednesday, April 26th.

Century Casinos (NASDAQ:CNTY) traded down 2.5334% during midday trading on Wednesday, hitting $8.4601. The stock had a trading volume of 39,867 shares. Century Casinos has a 1-year low of $5.40 and a 1-year high of $8.89. The stock’s 50-day moving average is $7.78 and its 200-day moving average is $7.27. The stock has a market capitalization of $206.94 million, a PE ratio of 22.8651 and a beta of -0.21.

In related news, Vice Chairman Peter Hoetzinger sold 53,916 shares of Century Casinos stock in a transaction that occurred on Friday, March 31st. The stock was sold at an average price of $7.60, for a total transaction of $409,761.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Erwin Et Al Haitzmann sold 50,000 shares of Century Casinos stock in a transaction that occurred on Friday, March 31st. The shares were sold at an average price of $7.60, for a total value of $380,000.00. The disclosure for this sale can be found here. 13.70% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its position in shares of Century Casinos by 0.8% in the first quarter. Wells Fargo & Company MN now owns 2,519,848 shares of the company’s stock valued at $19,050,000 after buying an additional 20,275 shares during the last quarter. Renaissance Technologies LLC boosted its position in Century Casinos by 9.7% in the fourth quarter. Renaissance Technologies LLC now owns 609,400 shares of the company’s stock valued at $5,015,000 after buying an additional 54,000 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Century Casinos by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 277,346 shares of the company’s stock valued at $2,097,000 after buying an additional 988 shares in the last quarter. State Street Corp boosted its position in Century Casinos by 9.0% in the fourth quarter. State Street Corp now owns 261,766 shares of the company’s stock valued at $2,156,000 after buying an additional 21,650 shares in the last quarter. Finally, Signia Capital Management LLC boosted its position in Century Casinos by 78.0% in the fourth quarter. Signia Capital Management LLC now owns 155,831 shares of the company’s stock valued at $1,282,000 after buying an additional 68,309 shares in the last quarter. 73.43% of the stock is currently owned by institutional investors.

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).

5 Day Chart for NASDAQ:CNTY

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