SkyCity Entertainment Group (ASX:SKC, NZE:SKC) reported Thursday that its earnings per diluted share in the fiscal first half fell to NZ$0.80 from NZ$3 per diluted share a year earlier.
Analysts polled by Visible Alpha were expecting EPS of NZ$0.053 per basic share.
Revenue for the six months ended Dec. 31, 2024, was NZ$420.8 million, down from NZ$440.4 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected NZ$467.5 million.
The gambling and entertainment company expects fiscal 2025 underlying group earnings before interest, taxes, depreciation, and amortization guidance of between NZ$225 million and NZ$245 million, compared with its previous guidance of between NZ$245 million and NZ$265 million.
Dividend payments remain paused, the company said, adding that it plans to maintain a "sustainable and prudent" capital position to move toward the resumption of dividends.
Shares fell past 9% in recent Thursday trade in Australia and over 8% in New Zealand.
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