Citi trims PT, earnings outlook for Australia's Jumbo Interactive; shares fall

Jumbo Interactive

01/09/2026 02:21

Updates with share moves
** Shares of Australia's Jumbo Interactive JIN.AX fall as much as 4.1% to A$7.02, their lowest level since Aug 27
** Citi trims price target for digital lottery software firm to A$8.10 from A$8.30; retains "Neutral" rating
** Brokerage trims FY27-28 EBITDA forecast for JIN by ~5% on lower International earnings, at the mid-point of company's forecast
** Co on Thursday said it sees FY27 underlying EBITDA of A$36 million to A$40 million ($25.78 mln to $28.65 mln) for its international business, including Dream UK and Dream US businesses
** YTD, JIN down 39% 
     
     
($1 = 1.3963 Australian dollars)

(Reporting by Subhalakshmi Dey in Bengaluru)
((Subhalakshmi.Dey@thomsonreuters.com;))