Market Overview

The Stars Group Reports Mixed Q2 Earnings, Cuts Guidance

Share:

The Stars Group (NASDAQ: TSG) reported second-quarter earnings of 48 cents per share. This is a 20% decrease over earnings of 60 cents per share from the same period last year.

The company reported $637.618 million in sales this quarter. This is a 54.95% increase over sales of $411.512 million the same period last year.

The Stars Group cut fiscal year 2019 guidance sales from $2.64 billion-$2.765 billion to $2.5 billion-$2.575 billion and adjusted EPS from $1.87-$2.11 to $1.68-$1.83.

The Stars Group shares were trading down 14.33% at $13.69 in Monday’s pre-market session. The stock has a 52-week high of $32.25 and a 52-week low of $14.52.

Related Links:

Barrick Gold Reports Q2 Earnings Beat

Farfetch Buys New Guards For $675M, Reports Q2 Earnings

Posted-In: Earnings News Guidance

 

Related Articles (TSG)

View Comments and Join the Discussion!

28 Stocks Moving In Monday's Pre-Market Session

Barrick Gold Reports Q2 Earnings Beat