SGHC Limited

Super Group (SGHC) Limited has been assigned a Zacks Rank #2, indicating a Buy rating, as its consensus earnings estimates remained unchanged over the past 30 days. The company is expected to post earnings of $0.21 per share for the current quarter, a year-over-year increase of 90.9%, while full-year estimates stand at $0.80 and $0.89 for the current and next fiscal years, reflecting growth of 42.9% and 11.3% respectively. Revenue forecasts point to $647 million for the current quarter, up 11.7% from a year ago, with annual estimates of $2.56 billion and $2.76 billion. In its most recent quarter, Super Group reported revenues of $612 million, surpassing the Zacks Consensus Estimate by 1.49%, though EPS of $0.17 met expectations. The stock has gained 9.7% over the past month, outperforming the S&P 500's decline of 1.4% and the Zacks Gaming industry's 3.4% advance.

Super Group Limited reported first-quarter 2026 revenue of $612 million, an 18% increase year-over-year, while Adjusted EBITDA rose 36% to $152 million and margins expanded to 25%. GAAP diluted earnings per share improved to $0.17 from $0.11. The company highlighted Africa as a structurally attractive growth driver and noted that approximately 80% of International segment revenue is predictable and annuity-like. Management pointed to continued momentum in the second quarter, efficiency gains from centralized operations and AI tools, and potential upside from World Cup-related activity, with participating markets representing nearly 88% of revenue. Super Group ended the quarter with $422 million in cash and achieved 75% free cash flow conversion after returning $152 million to shareholders.