The Stars Group Inc. Announces 41% Rise In Q3 Bottom Line

(RTTNews) - The Stars Group Inc. (TSG) reported a profit for its third quarter that rose from last year.

The company said its bottom line advanced to $119.60 million, or $0.58 per share. This was higher than $84.98 million, or $0.42 per share, in last year's third quarter.

Analysts had expected the company to earn $0.52 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 21.7% to $329.44 million. This was up from $270.68 million last year.

The Stars Group Inc. earnings at a glance:

-Earnings (Q3): $119.60 Mln. vs. $84.98 Mln. last year. -Earnings Growth (Y-o-Y): 40.7% -EPS (Q3): $0.58 vs. $0.42 last year. -EPS Growth (Y-o-Y): 38.1% -Analysts Estimate: $0.52 -Revenue (Q3): $329.44 Mln vs. $270.68 Mln last year. -Revenue Change (Y-o-Y): 21.7%