Century Casinos Inc Q2 Loss Increases, Misses Estimates

Century Casinos Inc (CNTY) revealed Loss for its second quarter that increased from the same period last year and missed the Street estimates.

The company's earnings came in at -$41.61 million, or -$1.36 per share. This compares with -$1.96 million, or -$0.06 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.1% to $146.44 million from $136.76 million last year.

Century Casinos Inc earnings at a glance (GAAP) :

-Earnings (Q2): -$41.61 Mln. vs. -$1.96 Mln. last year.
-EPS (Q2): -$1.36 vs. -$0.06 last year.
-Revenue (Q2): $146.44 Mln vs. $136.76 Mln last year.

by RTTNews Staff Writer

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