NASDAQ$CNTY

Century Casinos Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Century Casinos' Q2 2022 results were announced, revealing a significant increase in revenue and earnings compared to the same period last year.

Century Casinos reported a strong second quarter with record net operating revenue and Adjusted EBITDA, driven by improved performance in Canada following the removal of COVID-19 restrictions. The company also completed the first portion of its acquisition of the Nugget Casino Resort.

  • Net operating revenue increased by 21% to $111.1 million compared to Q2 2021.
  • Earnings from operations rose by 15% to $20.8 million year-over-year.
  • Net earnings attributable to Century Casinos shareholders increased by 29% to $8.9 million compared to Q2 2021.
  • Adjusted EBITDA increased by 18% to $29.8 million year-over-year.

Headline financials

Total Revenue

$111M

Previous: $92.2M+20.5%
EPS (adj)

$0.28

Previous: $0.22+27.3%
Adjusted EBITDAR

$29.8M

Previous: $25.2M+18.0%
Capital Expenditures

-$9.06M

Previous: -$3.5M-159.2%
Free Cash Flow

-$206K

Previous: $3.36M-106.1%
Net Income

$8.86M

Previous: $6.86M+29.2%
Operating Income

$20.8M

Previous: $18.1M+14.9%
Gross Profit

$111M

Previous: $92.2M+20.5%
Cash & Equivalents

$96.2M

Previous: $80.2M+20.0%
Total Assets

$876M

Previous: $689M+27.2%
Stock-Based Comp

$1.01M

Previous: $323K+213.3%

Revenue & EPS history

Century Casinos · Revenue · Quarterly

$111M

Q2 2022+20.5%vs Q2 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The company did not provide specific forward guidance in this report.

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 2022

Historical avgQ2 2022

+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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