Australia's Lottery Corporation climbs to 6-month high as HY results beat consensus

Lottery

21/02/2024 24:46

** Shares of Lottery Corporation  TLC.AX  rise as much as
3.9% to A$5.245, hitting their highest level since Aug 16
    ** The Lott and Keno brand operator posts HY adjusted EBIT
of A$347 mln ($227.39 mln), in line with Citi estimates 
    ** Co declares interim dividend of 8 AU cents per share, in
line with Citi's forecast
    ** Stock on track for its best day since Jan 19, if trend
holds
    ** Stock has risen 4.3% this year, as of last close

    ($1 = 1.5260 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))