Preview Of Century Casinos, Inc. ($CNTY) 3Q20 Earnings

Century Casinos, Inc. (NASDAQ:CNTY) is expected to report third quarter earnings results, before market open, on Friday 6th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.06 per share.

Looking ahead, the full year loss are expected at $ 1.93 per share on the revenues of $ 297.62 million.

Previous Quarter Performance

Century Casinos, Inc. announced loss for the second quarter of $ 0.43 per share, from the revenue of $ 36.10 million. The quarterly revenues contracted 26.89 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.67 per share from $ 20.66 million in revenue. The bottom line results beat street analysts by $ 0.24 or 35.82 percent, at the same time, top line results outshined analysts by $ 15.44 million or 74.73 percent.

Stock Performance

Shares of Century Casinos, Inc. traded up $ 0.53 or 10.75 percent on Thursday, reaching $ 5.46 with volume of 323.70 thousand shares. Century Casinos, Inc. has traded high as $ 5.47 and has cracked $ 5.00 on the downward trend

According to the previous trading day, closing price of $ 5.46, representing a 388.12 % increase from the 52 week low of $ 1.01 and a 44.92 % decrease over the 52 week high of $ 8.95.

The company has a market capital of $ 162.68 million and is part of the Consumer Cyclical sector and Resorts & Casinos industry.

Conference Call

Century Casinos, Inc. will be hosting a conference call at 10:00 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cnty.com

Century Casinos, Inc. operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities.

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