FY2017 EPS Estimates for The Stars Group Inc. (NYSE:TSG) Boosted by Analyst

The Stars Group Inc. (NYSE:TSG) – Analysts at Cormark upped their FY2017 earnings estimates for The Stars Group in a report released on Thursday. Cormark analyst D. Mcfadgen now expects that the company will earn $2.10 per share for the year, up from their prior forecast of $2.09. Cormark also issued estimates for The Stars Group’s FY2018 earnings at $2.21 EPS and FY2019 earnings at $2.31 EPS.

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Shares of The Stars Group (NYSE:TSG) traded down 0.404% during trading on Friday, reaching $18.475. 8,541 shares of the company were exchanged. The firm has a 50-day moving average price of $17.70 and a 200-day moving average price of $16.72. The stock has a market capitalization of $2.71 billion and a P/E ratio of 35.461. The Stars Group has a 1-year low of $12.85 and a 1-year high of $20.35.

The Stars Group (NYSE:TSG) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.04. The business had revenue of $305.31 million during the quarter, compared to the consensus estimate of $319.64 million. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $0.46 EPS.

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