Century Casinos (CNTY) Q4 Earnings Lag Estimates, Fall Y/Y [Yahoo! Finance]
Century Casinos, Inc. (CNTY)
Last century casinos, inc. earnings: 3/13 06:00 am
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US:NASDAQ Investor Relations:
cnty.com/corporate/investor-relations/ir-policy-team
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Source: Yahoo! Finance
The top line increased year over year while the bottom line fell from the prior-year quarter's figure. During the quarter, the company reported unanticipated licensing delays in Poland, resulting in the temporary closure of three casinos and subsequently impacting earnings from operations in that region. Despite the setbacks, an optimistic outlook was conveyed, with the assurance that all three licenses have been secured. One casino has reopened as of February 2024. Plans are in place for the remaining two to resume operations by the third quarter of 2024, with one relocating to a new site. Looking forward to 2025, management expresses confidence in the seamless integration of the newly-acquired casinos into the company. CNTY anticipates a more stable operational environment, expecting no significant disruptions attributable to construction or renovation activities at the properties. Earnings & Revenues Details During the fourth quarter, the company reported a loss per share o
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CNTY
News
- Century Casinos, Inc. (NASDAQ:CNTY) Shares Could Be 34% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Century Casinos, Inc. (NASDAQ: CNTY) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Century Casinos, Inc. (NASDAQ: CNTY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Century Casinos, Inc. (NASDAQ: CNTY) was upgraded by analysts at Macquarie from a "neutral" rating to an "outperform" rating.MarketBeat
- Century Casinos, Inc. (NASDAQ: CNTY) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $4.00 price target on the stock.MarketBeat
CNTY
Earnings
- 3/14/24 - Miss
CNTY
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- CNTY's page on the SEC website