Stars Group (NASDAQ:TSG) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.87-2.11 for the period. The company issued revenue guidance of $2.64-2.765 billion.Stars Group also updated its FY19 guidance to $1.87-2.11 EPS.
NASDAQ TSG opened at $17.56 on Friday. Stars Group has a one year low of $15.10 and a one year high of $38.95. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market capitalization of $4.57 billion, a P/E ratio of 7.44 and a beta of 1.63.
Stars Group (NASDAQ:TSG) last posted its quarterly earnings results on Wednesday, March 6th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.08. Stars Group had a negative net margin of 0.91% and a positive return on equity of 18.05%. The firm had revenue of $652.80 million for the quarter, compared to analyst estimates of $658.37 million. During the same quarter last year, the firm posted $0.54 earnings per share. Stars Group’s revenue for the quarter was up 81.2% compared to the same quarter last year. Equities research analysts predict that Stars Group will post 1.99 EPS for the current year.
ILLEGAL ACTIVITY WARNING: This news story was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/4206369/stars-group-tsg-issues-fy-2019-earnings-guidance.html.
About Stars Group
The Stars Group Inc provides technology-based products and services to gaming and interactive entertainment industries in Canada and internationally. It owns and operates gaming and related interactive entertainment businesses under the PokerStars, PokerStars Casino, BetStars, Full Tilt, the PokerStars Players No Limit Hold'em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival, and PokerStars MEGASTACK live poker tour and event brands, The company was formerly known as Amaya, Inc and changed its name to The Stars Group Inc in August 2017.
Read More: Why is cost of goods sold important?
Receive News & Ratings for Stars Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stars Group and related companies with MarketBeat.com's FREE daily email newsletter.