Entain shares jump after reiterating FY24 guidance By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2025
0mins
Source: Investing.com
Entain's Positive Outlook: Shares of Entain plc rose over 4% after the company reaffirmed its full-year 2024 EBITDA guidance, expecting it to be between £1,040 million and £1,090 million despite a mixed trading environment.
BetMGM's Investment Focus: The U.S. joint venture BetMGM is projected to incur a loss of $250 million in FY24 as it prioritizes long-term profitability amidst changing market conditions and regulatory scrutiny.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
