NASDAQ$CNTY

Century Casinos Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Century Casinos reported strong Q2 2021 results with significant revenue and earnings growth driven by the reopening of properties and effective cost management.

Century Casinos, Inc. announced its Q2 2021 financial results, highlighting a 155% increase in net operating revenue to $92.2 million and a 957% increase in earnings from operations to $18.1 million compared to Q2 2020. The company achieved its highest quarterly Adjusted EBITDA in its history, driven by the reopening of all its properties and a focus on operational efficiency.

  • Net operating revenue increased by 155% to $92.2 million compared to Q2 2020.
  • Earnings from operations increased by 957% to $18.1 million compared to Q2 2020.
  • Net earnings attributable to Century Casinos, Inc. shareholders increased by 154% to $6.9 million compared to Q2 2020.
  • Adjusted EBITDA increased by 1532% to $25.2 million compared to Q2 2020, marking the highest quarterly Adjusted EBITDA in the Company’s history.

Headline financials

Total Revenue

$92.2M

Previous: $36.1M+155.3%
EPS (adj)

$0.22

Previous: -$0.43+151.2%
Adjusted EBITDAR

$25.2M

No prior period
Capital Expenditures

-$3.5M

Previous: -$5.97M+41.4%
Free Cash Flow

$3.36M

Previous: -$18.6M+118.1%
Net Income

$6.86M

Previous: -$12.6M+154.4%
Operating Income

$18.1M

Previous: -$2.11M+956.8%
Gross Profit

$92.2M

Previous: $36.1M+155.3%
Cash & Equivalents

$80.2M

Previous: $51.6M+55.2%
Total Assets

$689M

Previous: $665M+3.5%
Stock-Based Comp

$323K

Previous: $249K+29.7%

Revenue & EPS history

Century Casinos · Revenue · Quarterly

$92.2M

Q2 2021+155.3%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.9%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.2%

Avg return

30 days after

54%

34 / 63 earnings

Positive

+32.7%

Q4 2020

Best reaction

-42.7%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-2.8%-1.4%
Q4 2025-7.7%-8.3%+3.4%
Q3 2025-6.5%-11.6%-21.5%
Q1 2025+2.9%+10.2%+24.3%
Q4 2024-21.4%-21.0%-42.4%
Q3 2024+19.9%+38.7%+23.6%
Q2 2024-1.3%-13.6%+3.4%
Q1 2024-1.9%-5.7%-17.5%
Q4 2023+1.6%-10.4%+2.5%
Q3 2023-1.1%+4.6%-4.0%
Q2 2023-7.2%-10.6%-28.0%
Q1 2023-2.7%-6.8%+5.9%
Q4 2022-13.8%-12.4%-16.1%
Q3 2022-4.4%+0.3%-0.1%
Q2 2022-5.1%-4.2%-14.3%
Q1 2022-16.8%-23.8%-13.6%
Q4 2021+2.0%+1.6%+1.7%
Q3 2021+12.6%+8.9%-3.6%
Q2 2021+15.9%+21.7%+14.8%
Q1 2021+13.9%+13.4%+15.2%
Q4 2020+32.7%+23.2%+20.6%
Q3 2020+9.0%-0.9%+30.6%
Q2 2020+8.5%+21.0%+42.5%
Q1 2020+23.5%+18.4%+17.7%
Q4 2019-42.7%-67.5%-12.0%
Q3 2019-1.1%-2.7%+0.3%
Q2 2019-4.6%-4.3%-10.0%
Q1 2019+0.0%+0.2%-0.8%
Q4 2018+5.5%+8.1%+10.6%
Q3 2018+10.7%+11.3%+8.8%
Q2 2018+1.1%-4.2%-1.0%
Q1 2018+6.8%+9.2%+9.3%
Q4 2017-1.4%-6.4%-11.8%
Q3 2017+3.8%+4.4%+0.0%
Q2 2017-5.2%-4.2%-4.7%
Q1 2017+1.5%-0.3%-6.9%
Q4 2016+9.7%+10.5%+8.7%
Q3 2016-2.7%-0.9%+9.6%
Q2 2016+0.2%-1.9%+1.6%
Q1 2016+9.8%
Q4 2015-10.2%
Q3 2015+1.2%
Q2 2015+7.9%
Q1 2015+2.0%
Q4 2014+5.0%
Q3 2014-2.7%
Q2 2014-3.1%
Q1 2014-0.7%
Q4 2013+5.9%
Q3 2013-17.9%
Q2 2013+15.0%
Q1 2013+4.7%
Q4 2012+0.2%
Q3 2012-9.4%
Q2 2012-5.4%
Q1 2011-0.3%
Q1 2012+0.3%
Q4 2011-6.2%
Q3 2011+7.0%
Q3 2010+7.0%
Q2 2011+8.2%
Q2 2010+8.2%
Q1 2010-2.1%

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