The Entain share price moved higher on Wednesday after the gambling business raised its forecasts for 2022.
The FTSE 100 share said that last year’s earnings before interest, tax, depreciation and amortisation (EBITDA) would range between £985 million and £995 million. This is a significant upgrade from the previous estimate of £925 million to £975 million, and would represent annual earnings growth of roughly 12%.
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