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Century Casinos IN Up 1.86% To $3.14 After Earnings Meet

Thursday, March 14, 2024 01:08 PM | InvestorsObserver Analysts

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Century Casinos IN Up 1.86% To $3.14 After Earnings Meet

Century Casinos IN (CNTY) said before open Thursday that it lost $0.36 per share in quarter four 2023.

On the revenue line, the company reported $143.8 million, beating estimates by $1.5 million.

In the same quarter a year ago, the company lost $0.14 per share on revenue of $103.8 million.

The stock is up 1.86% to $3.14 after the report.

The firm's higher revenue growth to earnings signals that the firm has not been able to reduce costs and has seen its profit margin decrease.

The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 38. Meanwhile, the average Wall Street analyst rated the stock a Buy.

Century Casinos Inc is a casino entertainment company that develops and operates gaming establishments as well as related lodging, restaurant, horse racing and entertainment facilities primarily in North America. It has casinos in USA, Century Casino & Hotel - Colorado; Mountaineer Casino, Racetrack & Resort - West Virginia; Century Casino Cape Girardeau, and Century Casino Caruthersville - Missouri; Canada, Century Casino & Hotel; Century Casino St. Albert, and Century Mile Racetrack and Casino - Edmonton; Century Downs Racetrack and Casino, Century Sports, and Century Bets! Inc - Calgary; and Casinos Poland in Poland.

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