Brokers Issue Forecasts for Amaya Inc.’s FY2019 Earnings (TSE:TSG)

Amaya Inc. (TSE:TSG) – Stock analysts at Cormark reduced their FY2019 EPS estimates for Amaya in a research report issued on Tuesday, August 13th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings per share of $2.24 for the year, down from their previous forecast of $2.56. Cormark also issued estimates for Amaya’s FY2020 earnings at $2.73 EPS and FY2021 earnings at $3.33 EPS.

Amaya (TSE:TSG) last released its earnings results on Wednesday, May 15th. The company reported C$0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.58 by C($0.08). The company had revenue of C$771.66 million during the quarter, compared to analysts’ expectations of C$824.77 million.

Separately, Desjardins upgraded Amaya from a “hold” rating to a “buy” rating in a report on Tuesday.

Amaya has a fifty-two week low of C$15.85 and a fifty-two week high of C$33.80.

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Earnings History and Estimates for Amaya (TSE:TSG)

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