Analysts expect Century Casinos, Inc. (NASDAQ:CNTY) to report $109.80 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for Century Casinos’ earnings, with the lowest sales estimate coming in at $109.00 million and the highest estimate coming in at $110.60 million. Century Casinos posted sales of $95.71 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 14.7%. The firm is expected to report its next earnings results on Friday, November 5th.
According to Zacks, analysts expect that Century Casinos will report full year sales of $376.20 million for the current fiscal year, with estimates ranging from $371.10 million to $381.30 million. For the next year, analysts expect that the business will post sales of $442.60 million, with estimates ranging from $442.00 million to $443.20 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Century Casinos.
Century Casinos (NASDAQ:CNTY) last released its quarterly earnings data on Thursday, August 5th. The company reported $0.22 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.19. Century Casinos had a net margin of 4.61% and a return on equity of 12.71%. The business had revenue of $92.19 million during the quarter, compared to analysts’ expectations of $86.90 million.
In other Century Casinos news, VP Andreas Terler sold 25,000 shares of the stock in a transaction dated Wednesday, August 11th. The stock was sold at an average price of $14.19, for a total transaction of $354,750.00. Following the completion of the transaction, the vice president now owns 32,130 shares in the company, valued at approximately $455,924.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 12.80% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royce & Associates LP grew its holdings in shares of Century Casinos by 33.9% in the 1st quarter. Royce & Associates LP now owns 2,583,811 shares of the company’s stock valued at $26,536,000 after acquiring an additional 653,596 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Century Casinos by 1.3% in the 1st quarter. BlackRock Inc. now owns 2,074,886 shares of the company’s stock valued at $21,309,000 after acquiring an additional 26,360 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Century Casinos by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 1,385,075 shares of the company’s stock valued at $18,602,000 after acquiring an additional 33,685 shares in the last quarter. Orchard Capital Managment LLC grew its holdings in shares of Century Casinos by 38.9% in the 2nd quarter. Orchard Capital Managment LLC now owns 928,157 shares of the company’s stock valued at $12,465,000 after acquiring an additional 259,893 shares in the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of Century Casinos by 0.8% in the 1st quarter. Brown Advisory Inc. now owns 759,427 shares of the company’s stock valued at $7,799,000 after acquiring an additional 5,998 shares in the last quarter. Institutional investors own 70.19% of the company’s stock.
Shares of CNTY traded up $0.40 during trading hours on Monday, reaching $13.87. The stock had a trading volume of 131,636 shares, compared to its average volume of 249,614. The company has a quick ratio of 1.93, a current ratio of 1.96 and a debt-to-equity ratio of 3.41. Century Casinos has a 52 week low of $4.39 and a 52 week high of $15.84. The firm has a 50-day moving average of $12.69 and a 200 day moving average of $12.64. The company has a market cap of $410.33 million, a P/E ratio of 26.67 and a beta of 3.16.
Century Casinos Company Profile
Century Casinos, Inc is an international casino entertainment company, which engages in the development and operation of gaming establishments, lodging, restaurant, horse racing, and entertainment facilities. It operates through the following segments: Canada, United States, Poland, and Corporate and Other.
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