Seven gives lofty earnings forecast

Seven executives have forecast full-year earnings that exceed those of analysts, following good support from advertisers.

Earnings before interest, tax, depreciation and amortisation are forecast to be between $250 million and $255 million.

The company claimed analysts’ expectations ranged between $235 million and $245 million.

Shares were higher by 10.63 per cent to 44 cents at 1111 AEST.

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