Petrosearch Energy Corporation (TSG) Misses Q4 EPS by 3c, Beats on Revenues; Offers FY18 EPS/Revenue Mid-Points Below Consensus

Note: EPS may not be comparable

Petrosearch Energy Corporation (NASDAQ: TSG) reported Q4 EPS of $0.54, $0.03 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $360.25 million versus the consensus estimate of $356.66 million.

2018 Full Year Guidance

Full Year Guidance – The Stars Group currently expects the following 2018 full year financial guidance ranges:

• Revenues of between $ $1,390 and $1,470 million;
• Adjusted EBITDA of between $625 and $650 million;
• Adjusted Net Earnings of between $487 and $512 million; and
• Adjusted Net Earnings per Diluted Share of between $2.33 and $2.47.

GUIDANCE:

Petrosearch Energy Corporation sees FY2018 EPS of $2.33-$2.47, versus the consensus of $2.46. Petrosearch Energy Corporation sees FY2018 revenue of $1.39-1.47 billion, versus the consensus of $1.45 billion.

For earnings history and earnings-related data on Petrosearch Energy Corporation (TSG) click here.

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