Echo soars on upbeat earnings guidance

Echo Entertainment surges after announcing full-year earnings guidance above analyst predictions.

Shares in Echo Entertainment Group (EGP) have soared after the group said it expects full-year earnings to be higher than analysts predict, but warns actual numbers will depend on the win rate and turnover in its VIP Rebate business for the rest of the financial year.

At the 10.15am (AEST) official market open, Echo shares were 8.66% higher at $3.01, against a benchmark index fall of 0.35%. 


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles