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EVT Clarifies FY25 Earnings Alignment with Market Expectations

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EVT Clarifies FY25 Earnings Alignment with Market Expectations

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Event Hospitality & Entertainment Ltd. ( (AU:EVT) ) just unveiled an update.

Event Hospitality & Entertainment Ltd. (EVT) responded to an ASX Aware letter regarding its earnings for the fiscal year ending June 30, 2025. The company clarified that it did not publish earnings guidance for FY25 and relied on sell-side analyst forecasts and prior year earnings to assess market expectations. EVT reported a 1.9% increase in EBITDA and a significant rise in profit after tax, attributed to a one-off tax charge in the previous year. EVT concluded that its earnings did not materially differ from market expectations.

The most recent analyst rating on (AU:EVT) stock is a Buy with a A$16.50 price target. To see the full list of analyst forecasts on Event Hospitality & Entertainment Ltd. stock, see the AU:EVT Stock Forecast page.

More about Event Hospitality & Entertainment Ltd.

Event Hospitality & Entertainment Ltd. (EVT) operates in the entertainment, ventures, and travel industries. The company is known for its diverse portfolio, which includes cinema exhibition, hotel management, and property development, catering to a wide range of market segments.

Average Trading Volume: 300,573

Technical Sentiment Signal: Buy

Current Market Cap: A$2.28B

For detailed information about EVT stock, go to TipRanks’ Stock Analysis page.

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