Century Casinos Inc Q1 Loss Increases, Misses Estimates

Century Casinos Inc (CNTY) released Loss for its first quarter that increased from last year and missed the Street estimates.

The company's bottom line came in at -$13.54 million, or -$0.45 per share. This compares with -$1.24 million, or -$0.04 per share, in last year's first quarter.

Analysts on average had expected the company to earn -$0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 25.4% to $136.02 million from $108.51 million last year.

Century Casinos Inc earnings at a glance (GAAP) :

-Earnings (Q1): -$13.54 Mln. vs. -$1.24 Mln. last year.
-EPS (Q1): -$0.45 vs. -$0.04 last year.
-Revenue (Q1): $136.02 Mln vs. $108.51 Mln last year.

by RTTNews Staff Writer

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