Image source: The Motley Fool. Century Casinos Inc (NASDAQ: CNTY)Q1 2020 Earnings CallMay 20, 2020, 12:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the Century Casinos Q1 2020 Earnings Conference call.
Century Casinos (CNTY) first-quarter 2020 results hurt by the coronavirus-induced shutdowns.
Century Casinos (CNTY) first-quarter 2020 results are likely to reflect synergies from the acquisition of Mountaineer Casino, Cape Girardeau and Caruthersville.
Looking into the current session, Century Casinos Inc. (NASDAQ: CNTY) shares are trading at $3.81, after a 7% rise. Moreover, over the past month, the stock went up by 19.44%, but in the past year, fell by 59.42%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 277.23%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Resorts & Casinos stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Depending on the particular phase of a business cycle, some industries will perform better than others.Century Casinos Ihas a lower P/E than the aggregate P/E of 6.61 of the resorts & casinos industry. Ideally, one might believe that they might perform worse than its peers, but it's also probable that the stock is undervalued.There are many limitations to P/E ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * 14 Consumer Cyclical Stocks Moving In Monday's Pre-Market Session * 12 Consumer Cyclical Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Q4 2019 Century Casinos Inc Earnings Call
Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar.
Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced today that it has finalized an agreement with bet365 to become the company's second internet sports betting operator partner in Colorado. The Company, through a subsidiary, has already obtained its master license with the State of Colorado. bet365 will complete the necessary application and approval process with the State of Colorado. They will operate an internet and mobile sports betting application under the bet365 brand.
Century Casinos Re-opens Casinos in Poland
Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company") announced today that it temporarily closed its Canadian, West Virginia and Missouri casinos on Tuesday, March 17, 2020 to comply with quarantines issued by governments in each jurisdiction to contain the spread of COVID-19. These closures follow the closures of the Company's Polish and Colorado casinos per government directives in those jurisdictions.
Century Casinos, Inc. Announces First Quarter 2020 Results
Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced today that its Colorado subsidiaries received approval for three Sports Betting Master Licenses ("Master Licenses"). The licenses were awarded during a special meeting of the Colorado Limited Gaming Control Commission (the "Commission") held on April 2, 2020. In addition, the Commission awarded Circa Sports Colorado LLC, the Company's partner for one of its Master Licenses, with a temporary Internet Sports Betting Operator License.
Q1 2020 Century Casinos Inc Earnings Call
NEW YORK, NY / ACCESSWIRE / May 20, 2020 / Century Casinos, Inc. (NASDAQ:CNTY) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 20, 2020 at 12:00 PM ...
Century Casinos Announces Dates of First Quarter 2020 Earnings Release and Conference Call
The Zacks Analyst Blog Highlights: AMC Entertainment, AMC Networks, American Woodmark, Amaya and Century Casinos
Wynn Resorts (WYNN) Las Vegas Strip could re-open following the coronavirus-induced shutdown. The company has been bearing operating expenses during the shutdown.
Companies in a range of sectors hard-hit by the virus' spread and mass closures due to state and municipal quarantines benefited from the rebound.
Rating Action: Moody's downgrades Century Casino Inc.' s CFR to B3 from B2; ratings on review for further downgrade. Global Credit Research- 26 Mar 2020. New York, March 26, 2020-- Moody's Investors Service ...
Century Casinos (CNTY) delivered earnings and revenue surprises of -3000.00% and 4.73%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Century Casinos (CNTY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.