Overview
Casino entertainment company's Q4 revenue was flat yr/yr and missed analyst expectations
Q4 adjusted EBITDAR rose 13%, driven by margin improvement and customer base recovery
Earnings from operations surged in Q4
Outlook
Century Casinos says 2026 has started promisingly across its North American portfolio
Company sees improvements with lower-end customer base in early 2026
Century Casinos continues discussions on strategic alternatives, including potential sale of Poland operations
Result Drivers
CUSTOMER BASE RECOVERY - Co said improvements with the lower-end of its customer base contributed to Q4 margin gains
SEGMENT PERFORMANCE - Revenue growth in Canada and Poland offset by declines in US West segment
INTEREST EXPENSE - Increased interest expense continued to negatively impact net loss attributable to shareholders
Company press release: ID:nCNWW3q1ja
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $138 mln | $141.30 mln (4 Analysts) |
Q4 Adjusted EBITDAR |
| $23.9 mln |
|
Q4 Earnings from Operations |
| $10.4 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the casinos & gaming peer group is "buy"
Wall Street's median 12-month price target for Century Casinos Inc is $3.00, about 109.8% above its March 12 closing price of $1.43
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