Century Casinos, Inc. Announces First Quarter 2020 Results

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Century Casinos (CNTY) Misses Q1 EPS by $1.60, Revenues Miss

May 20, 2020 6:06 AM EDT

Century Casinos (NASDAQ: CNTY) reported Q1 EPS of ($1.55), $1.60 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $87.7 million versus the consensus estimate of $100.6 million.

First Quarter 2020 Highlights*

Net operating revenue was $87.7 million, compared to $45.6 million for the three months ended March 31, 2019, an increase of 92%.Loss from operations was ($31.8) million, compared to earnings of $3.4 million for the three months ended March 31, 2019, a decrease of (1022%).Net loss attributable to Century Casinos, Inc. shareholders was ($45.9) million, compared to net earnings attributable to Century Casinos, Inc. shareholders of $1.1 million for... More