Wall Street analysts expect Century Casinos, Inc. (NASDAQ:CNTY) to report earnings per share of $0.07 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Century Casinos’ earnings. The highest EPS estimate is $0.10 and the lowest is $0.06. Century Casinos posted earnings of $0.11 per share in the same quarter last year, which would suggest a negative year over year growth rate of 36.4%. The business is scheduled to announce its next earnings report on Friday, March 9th.
According to Zacks, analysts expect that Century Casinos will report full year earnings of $0.54 per share for the current fiscal year, with EPS estimates ranging from $0.52 to $0.56. For the next fiscal year, analysts anticipate that the company will post earnings of $0.45 per share, with EPS estimates ranging from $0.40 to $0.52. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Century Casinos.
Several equities analysts recently issued reports on the stock. BidaskClub lowered shares of Century Casinos from a “hold” rating to a “sell” rating in a report on Tuesday, February 6th. Stifel Nicolaus assumed coverage on shares of Century Casinos in a report on Wednesday, January 10th. They set a “buy” rating and a $13.00 price objective on the stock. Finally, Zacks Investment Research upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a research note on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. Century Casinos currently has a consensus rating of “Hold” and a consensus price target of $10.58.
A number of institutional investors and hedge funds have recently made changes to their positions in CNTY. Citadel Advisors LLC acquired a new stake in Century Casinos in the fourth quarter valued at approximately $100,000. Strs Ohio acquired a new stake in Century Casinos in the fourth quarter valued at approximately $151,000. The Manufacturers Life Insurance Company boosted its stake in Century Casinos by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 23,207 shares of the company’s stock valued at $171,000 after acquiring an additional 4,044 shares in the last quarter. Rhumbline Advisers boosted its stake in Century Casinos by 39.5% in the second quarter. Rhumbline Advisers now owns 23,414 shares of the company’s stock valued at $173,000 after acquiring an additional 6,625 shares in the last quarter. Finally, Numeric Investors LLC acquired a new stake in Century Casinos in the second quarter valued at approximately $203,000. Institutional investors own 63.74% of the company’s stock.
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Century Casinos Company Profile
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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