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Century Casinos (CNTY) Boosts Missouri Footing With New Hotel
Zacks Investment Research· 2024-04-08 14:41
Century Casinos, Inc. (CNTY) recently announced the opening of its hotel in Cape Girardeau, MO, The Riverview. Connected with Century Casino Cape Girardeau, the six-story building housing 69 rooms, covers approximately 68,000 square feet. The construction amounted to $30.5 million.The company also emphasized the construction of a new land-based casino with a 38-room hotel in Caruthersville, MO. Estimated at a project cost of $51.9 million, the development promises significant enhancements in gaming capacity ...
7 Penny Stocks That Can Make You a Millionaire in One Year
InvestorPlace· 2024-03-15 15:09
If you have a high risk tolerance and are seeking supersized returns in the stock market, penny stocks should be at the top of your watchlist. While the bad reputation penny stocks have is often justified, by avoiding biotech and cash-burning companies, you can find some real gems trading at bargain valuations. These discounted businesses could potentially deliver multibagger returns within a year or less once Wall Street takes notice.Of course, betting on penny stocks does come with some near-term risks. H ...
Century Casinos (CNTY) Q4 Earnings Lag Estimates, Fall Y/Y
Zacks Investment Research· 2024-03-15 13:51
Century Casinos, Inc. (CNTY) posted mixed fourth-quarter 2023 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. 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 convey ...
Century Casinos(CNTY) - 2023 Q4 - Earnings Call Transcript
2024-03-14 21:24
Century Casinos, Inc. (NASDAQ:CNTY) Q4 2023 Earnings Call Transcript March 14, 2024 10:00 AM ET Company Participants Peter Hoetzinger - Co-CEO & President Erwin Haitzmann - Co-CEO Margaret Stapleton - CFO Conference Call Participants Jeff Stantial - Stifel Eric Ross - Citizens JMP Securities Operator Good day, everyone, and welcome to today's Century Casino's Q4 2023 Earnings Call. At this time all participants are in a listen only mode. [Operator Instructions] Please note that this call is being recorded. ...
Century Casinos (CNTY) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-03-14 12:11
Century Casinos (CNTY) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.86%. A quarter ago, it was expected that this casino operator would post earnings of $0.15 per share when it actually produced a loss of $0.47, delivering a surprise of -413.33%.Over the last four quarters, the company ...
Century Casinos(CNTY) - 2023 Q4 - Annual Report
2024-03-13 16:00
We have a fair price business combination provision in our certificate of incorporation, which requires approval of certain business combinations and other transactions by holders of 80% of our outstanding shares of voting stock. In addition, our certificate of incorporation allows our board of directors to issue shares of preferred stock without stockholder approval. These provisions generally have the effect of requiring that any party seeking to acquire us negotiate with our board of directors in order t ...
Century Casinos (CNTY) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-03-07 16:06
Century Casinos, Inc. (CNTY) is likely to record earnings decline when it reports fourth-quarter 2023 results. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 413.3%.Q4 EstimatesThe Zacks Consensus Estimate is pegged at a loss of 35 cents per share. In the past seven days, estimates have remained stable. In the last reported quarter, CNTY incurred a loss of 14 cents per share. The consensus mark for revenues is pegged at $142.6 million, suggesting a 37.5% increase ...
Analysts Estimate Century Casinos (CNTY) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-03-01 16:00
Wall Street expects a year-over-year decline in earnings on higher revenues when Century Casinos (CNTY) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock ...
Century Casinos(CNTY) - 2023 Q3 - Earnings Call Transcript
2023-11-09 19:15
Century Casinos, Inc. (NASDAQ:CNTY) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Peter Hoetzinger - Vice Chairman, Co-CEO & President Erwin Haitzmann - Chairman & Co-CEO Conference Call Participants Chad Beynon - Macquarie Jordan Bender - JMP Securities Jeffrey Stantial - Stifel Operator Good day, everyone, and welcome to the Century Casinos Q3 2023 earnings call and webcast. [Operator Instructions]. Please note today's call will be recorded, and I will be standing by s ...
Century Casinos(CNTY) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
/s/ Margaret Stapleton Margaret Stapleton Chief Financial Officer Date: November 8, 2023 58 Results in US dollars were impacted by a (2.8%) and a (4.9%) decrease in the average exchange rate between the US dollar and Canadian dollar for the three and nine months ended September 30, 2023 compared to the three and nine months ended September 30, 2022, respectively. (1) Operating costs and expenses are calculated as total operating costs and expenses less depreciation and amortization and gain on sale of casin ...