Event Hospitality & Entertainment Limited’s () latest earnings announcement in August 2019 revealed that the company benefited from a slight tailwind, leading to a single-digit earnings growth of 5.5%. Below, I’ve presented key growth figures on how market analysts predict Event Hospitality & Entertainment’s earnings growth outlook over the next couple of years and whether the future looks even brighter than the past. I will be looking at earnings excluding extraordinary items to exclude one-off activities to get a better understanding of the underlying drivers of earnings.
Market analysts’ prospects for next year seems optimistic, with earnings rising by a robust 46%. However, earnings is expected to fall slightly in the following year before rising again to AU$127m in 2022.