AGS (AGS) Tops Q4 EPS by 2c, Offers Guidance
AGS (NYSE: AGS) reported Q4 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $77.8 million versus the consensus estimate of $78.56 million.
2020 Outlook
We expect to generate total adjusted EBITDA of $148 - $153 million in 2020, representing growth of approximately 1% - 5% compared to the prior year period. We expect 2020 capital expenditures to be in the range of $67 - $71 million.
The Company's full-year 2020 Adjusted EBITDA guidance does not take into consideration potential regulatory risk related to a property in Texas, as identified in our Risk Factors on page 13 of our latest 10-K, issued today. Additionally, the Company's guidance does not contemplate any potential impact related to the COVID-19 virus.
(Amounts in millions) | 2019 Actual Results | 2020 Guidance | Growth Percentage | ||||
Adjusted EBITDA | $146.1 | $148 - $153 | 1% - 5% | ||||
Capex | $71.1 | $67 - $71 | (6%) - 0% |
(8) Total Adjusted EBITDA, total net debt leverage ratio, free cash flow, and adjusted total net debt leverage ratio, are non-GAAP measures see non-GAAP reconciliation below. |
For earnings history and earnings-related data on AGS (AGS) click here.