EARNINGS PREVIEW: IG Group 2010 Pretax Profit Seen +23%

19th Jul 2010 09:27

IG Group (IGG.LN): Full-Year Earnings (Year ending May 31) Due: July 20 at 0600 GMT Company Survey of 11 Analysts Average Pretax Profit: GBP155.1M, +23% (GBP125.9M in FY 2009) Average Revenue: GBP298.5M, up 16% (GBP257.1M in FY 2009) Note: after a detailed update on the year's performance in June, in which the company forecasted pretax profit at GBP157M and revenue at GBP298M, analysts are looking for guidance on how the first six weeks of IG Group's new fiscal year is going, as volatility has eased off its May highs. Contact us in London: +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 19, 2010 04:27 ET (08:27 GMT)