COLORADO SPRINGS, Colo. (AP) – Century Casinos Inc. (CNTY) on Friday reported a fourth-quarter loss of $5.3 million, after reporting a profit in the same period a year earlier.
The Colorado Springs, Colorado-based company said it had a loss of 19 cents per share. Earnings, adjusted for pretax expenses and non-recurring costs, came to 1 cent per share.
The casino operator posted revenue of $39.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $39.8 million.
For the year, the company reported profit of $6.3 million, or 24 cents per share. Revenue was reported as $154.1 million.
Century Casinos shares have decreased almost 7 percent since the beginning of the year. The stock has climbed 23 percent in the last 12 months.
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This story was generated by Automated Insights
