Century Casinos (CNTY) Tops Q2 EPS by 24c, Revenues Beat

Century Casinos (NASDAQ: CNTY) reported Q2 EPS of ($0.43), $0.24 better than the analyst estimate of ($0.67). Revenue for the quarter came in at $36.1 million versus the consensus estimate of $20.66 million.

Second Quarter 2020 Highlights*

• Net operating revenue was $36.1 million, compared to $52.4 million for the three months ended June 30, 2019, a decrease of (31%).
• Losses from operations were ($2.1) million, compared to earnings of $2.6 million for the three months ended June 30, 2019, a decrease of (181%).
• Net loss attributable to Century Casinos, Inc. shareholders was ($12.6) million, compared to ($0.6) million for the three months ended June 30, 2019, a decrease of (2131%).
• Adjusted EBITDA** was ($1.8) million, compared to $6.7 million for the three months ended June 30, 2019, a decrease of (126%).
• Loss per share was ($0.43).
• Book value per share*** at June 30, 2020 was $3.31.

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

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