Analysts at Jefferies see Australian casino operator Star Entertainment reporting FY23 EBITDA at the top end of co’s forecast range of A$280 mln to A$310 mln.

Jefferies will look for commentary on any recovery in consumer spending slowdown in Queensland.

The brokerage says it will be difficult for Star Entertainment to alleviate concerns on structural issues at the FY result.

There are number of regulatory issues like ASIC proceedings and class actions at play that are currently pressuring the stock.

Star Entertainment announces FY results on Aug 24.

Four of 9 analysts rate the stock ‘buy’, 4 ‘hold’ and 1 ‘sell’, their median PT is A$1.23.

As of last close, Star Entertainment down 31.6% YTD.

Star Entertainment (ASX:SGR) is an Australian casino operator.