Century Casinos (CNTY) Reports In-Line Q3 EPS, Revenues Beat

Century Casinos (NASDAQ: CNTY) reported Q3 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $43.6 million versus the consensus estimate of $42.64 million.

"This quarter we had broad-based revenue growth in the United States, Canada and Poland. With the reopening of two casinos in Poland in the latter half of the quarter we anticipate strong Adjusted EBITDA performance will return to that segment," Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos remarked. "Although operations in Bath have ramped up slower than expected, which impacted Adjusted EBITDA for the third quarter, we look forward to a strong finish to the year for the company," they continued. "We are excited for the 2019 outlook with the Century Mile project continuing to trend on-time and on-budget for an April 2019 opening," Haitzmann and Hoetzinger concluded.

For earnings history and earnings-related data on Century Casinos (CNTY) click here.

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