BUZZ-Australia's Tabcorp posts biggest jump in 6 months on beating earnings forecasts

Reuters

Feb 25

** Shares of Tabcorp Holdings TAH.AX rise as much as 20% to A$1.02, posting their biggest pct jump since late August 2025

** Entertainment services provider hits highest level since November 5, 2025

** Co posts NPAT before significant items of A$35.7 million ($25.29 million) for HY, beating Jarden and consensus estimates by 37% and 34%, respectively

** Revenue of A$1.34 billion beats Jarden estimates by 2%

** Jarden says interim dividend of 1.5 Australian cents per share is ahead of expectations

** 31.9 million shares change hands, 4.9x their 30-day average volume and busiest day since early October 2025

** Stock up ~1% this year, including the day's move, erasing YTD losses of 14.1% as of Tuesday's close

($1 = 1.4114 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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provider hits highest level since November 5, 2025** Co posts NPAT before significant items of A$35.7 million ($25.29 million) for HY, beating Jarden and consensus estimates by 37% and 34%, respectively** Revenue of A$1.34 billion beats Jarden estimates by 2%** Jarden says interim dividend of 1.5 Australian cents per share is ahead of expectations** 31.9 million shares change hands, 4.9x their 30-day average volume and busiest day since early October 2025** Stock up ~1% this year, including the day's move, erasing YTD losses of 14.1% as of Tuesday's close($1 = 1.4114 Australian dollars) (Reporting by John Biju in Bengaluru) ((John.Biju@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}