ALL 1.66% $66.49 aristocrat leisure limited

News: ALL UPDATE 1-Australia's Aristocrat Leisure H1 profit rises; digital revenue triples, page-3

  1. drg
    1,233 Posts.
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    missed expectations...

    Aristocrat misses earnings estimates
    Aristocrat seems to have missed earnings estimates despite a slight rise in profit.
    Interim net profit of $256.6m was up 2.8pc year on year but EPS of $0.401 missed Bloomberg’s consensus estimate of $0.525 by 24pc.
    That’s only based on a survey of three analysts, but revenue of $1.58bn missed the consensus $1.65bn estimate by 4.2pc.
    The interim dividend of $0.19 was slightly above the $0.17 consensus estimate.
    Shares may struggle today after rising 17pc year to date.
    That said, the company says it expects double-digit NPATA profit growth to continue in the fiscal year ending September.
 
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