Betsson jumps as Q2 EBIT beats estimates

Betsson AB

11/07/2023 13:44

** Shares in Betsson  BETSb.ST  rise 9% after the Swedish
online gambling group reports preliminary Q2 earnings above
expectations
    ** It sees Q2 EBIT at EUR 53.5-55.0 million ($58.8-60.4
million), ahead of Refinitiv consensus estimate of EUR 44.7
million
    ** The group also says its average daily revenue so far in
Q3 has been 13.7% higher than the average daily revenue of full
Q3 2022
    ** If gains hold, the stock will see its best day since
October 2022

($1 = 0.9104 euros)

 (Reporting by Jagoda Darlak)
 ((jagoda.darlak@tr.com))