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SKYCITY Entertainment Group Limited (SKYZF)
OTHER OTC:SKYZF
Earnings Data
Report Date
Aug 26, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed view: material near-term operational and regulatory headwinds have driven lower H1 earnings (reduced gaming revenue, elevated costs in Adelaide, one-off tax adjustments and delayed online revenue), but there are clear strategic positives — notably the NZICC opening (with a tangible bookings pipeline), an active asset-monetization program targeting ~NZD 200 million, positive operating cash flow, and ongoing cost-saving actions. Management reiterated FY26 guidance and expects a stronger second half largely driven by NZICC and cost initiatives. Given the combination of significant transitional challenges balanced by concrete catalysts and remedial actions, the overall tone is cautious but constructive.Company Guidance
Opening of NZICC (New Zealand International Convention Centre)
NZICC formally opened on 11 February 2026 (first live event 12 Feb). Management reports strong initial feedback and a visible pipeline of bookings giving at least 110,000 visitations for the remainder of FY26. NZICC expected to drive second-half revenue growth across Auckland precinct (hotels, food & beverage, Sky Tower, car parking) and to be a multi-year earnings driver.
Asset monetization program targeting ~NZD 200 million
Board targeting ~NZD 200 million of proceeds from asset monetization within 12 months (by Feb 2027). 99 Albert Street has been formally marketed with CBRE; additional options being evaluated with external advisers to maximize value.
Carded Play rollout and SHOW loyalty adoption
Carded Play rolled out across New Zealand casinos in July 2025 in line with guidance. Benefits include much better customer visibility and data (around 4,000 new sign-ups/week in December) and strong take-up of the new SHOW loyalty program while maintaining high customer satisfaction.
Positive operating cash flow in H1
Despite transitional costs, SkyCity delivered positive operating cash flow of NZD 56.1 million in H1 FY26, funding approximately NZD 36.5 million of BAU stay-in-business CapEx. Full-year CapEx guidance retained at NZD 100–110 million.
Debt and covenant metrics in line with guidance
Debt metrics remain below covenant levels. H1 covenant metric ~2.83x (expected ~2.7x at year-end). No debt maturities before May 2027 and management is considering refinancing options for the May 2027 retail bond as required.
Progress on cost-saving initiatives and expected H2 improvement
Group-wide cost-saving initiatives have been identified and partly implemented; further savings are expected in H2 to help offset cost increases. Management reiterated FY26 underlying EBITDA guidance (NZD 190–210 million) and expects a H1/H2 skew of ~43%/57% driven by NZICC revenues and cost savings.
SKYCITY Entertainment Group Limited (SKYZF) Earnings, Revenues Date & History
SKYZF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SKYZF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $0.52 | $0.50 | -3.85% |
Aug 20, 2025 | $0.54 | $0.54 | +0.55% |
Feb 20, 2025 | $0.78 | $0.73 | -5.94% |
Aug 21, 2024 | $0.91 | $0.89 | -2.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SKYCITY Entertainment Group Limited (SKYZF) report earnings?
SKYCITY Entertainment Group Limited (SKYZF) is schdueled to report earning on Aug 26, 2026, TBA (Confirmed).
What is SKYCITY Entertainment Group Limited (SKYZF) earnings time?
SKYCITY Entertainment Group Limited (SKYZF) earnings time is at Aug 26, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SKYZF EPS forecast?
Currently, no data Available