Century Casinos, Inc. (NASDAQ:CNTY) is likely to witness improvement in the bottom line when it reports fourth-quarter 2019 results. In the last reported quarter, the company posted a negative earnings surprise of 75%.
Q4 Expectations
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 4 cents. In the year-ago quarter, the company had reported earnings of 2 cents per share. However, in the past 30 days, the company’s earnings estimates have moved south by a penny.
For quarterly revenues, the consensus mark is pegged at nearly $59.4 million. The projected figure suggests a 31.7% improvement from the prior-year quarter’s levels.
Let’s discuss the factors that are likely to get reflected in Century Casinos’ fourth-quarter 2019 performance.
Century Casinos, Inc. Price and EPS Surprise
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