13.08.2018 12:40:24
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Stars Group Updates 2018 Guidance - Quick Facts
(RTTNews) - The Stars Group Inc. (TSG, TSGI.TO) announced, for 2018, the company now expects adjusted earnings per share of between $1.99 and $2.22, as compared to previous guidance range of $2.33 and $2.471; and revenues of between $1.995 and $2.145 billion, as compared to prior outlook range of $1.390 and $1.470 billion.
The company updated its 2018 full year financial guidance ranges on a consolidated basis to reflect expected partial year contributions from the Australian acquisitions and the Sky Betting & Gaming acquisition and the impact from changes in The Stars Group's capital structure as a result of such acquisitions, including increases in The Stars Group's long-term debt outstanding and number of common shares issued and outstanding.
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