Century Casinos reported negative net margin, missing EPS estimates and saw brokerage downgrades.

Century Casinos (NASDAQ: CNTY) reported a negative net margin of 4.20% and a negative return on equity of 10.98% in its recent quarterly earnings, missing analysts' consensus estimates of ($0.35) EPS by $0.01 at ($0.36). Revenue was $143.76 million, but shares opened at $3.13 on Friday. Several brokerages, including Macquarie, StockNews.com, and JMP Securities, downgraded the stock to "sell" or "neutral" ratings.

March 16, 2024
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