Amaya says it expects 2015 earnings at top end of previous guidance

Canadian online gambling operator Amaya Gaming says its 2015 earnings will likely come in at the top end of previous forecasts.

In a fiscal update issued on Thursday, Amaya said it expects revenue, adjusted earnings and pro forma adjusted net earnings to all fall “within the upper end” of previously issued guidance. In November, Amaya said FY 15 revenue would come in between C$1.29b and $1.34b, while earnings would range from $552m to $572m.

For the record, those November figures represented a reduction from previous guidance, which had revenue coming in between $1.45b and $1.56b, while earnings were supposed to range from $600m to $650m.

Amaya said there were no material changes to the assumptions used to determine either the November guidance or the latest update. Amaya has yet to set a date to reveal its official Q4 and FY 15 numbers.