FLUT - Flutter Entertainment plc
Flutter Entertainment plc remains a neutral Hold, with no near-term catalysts expected until at least 2027. Q2 revenues grew 3.3% to $4.33B, but U.S. sportsbook revenues declined nearly 15%, offset by international growth. Margins compressed sharply due to increased promotional spending and investments; profitability is expected to improve in coming quarters.
VANCOUVER, British Columbia--(BUSINESS WIRE)-- #DigitalIdentity--FanDuel Group, North America's premiere online gaming company, and GeoComply, the global leader in geolocation and identity intelligence, today announced a multi-year renewal — extending a relationship that has supported FanDuel's growth from a single state to over two dozen states. Through the expanded partnership, FanDuel will continue to leverage GeoComply's industry-leading identity verification and fraud prevention technology to help protect cu.
Flutter Entertainment plc (FLUT) Discusses Strategic Promotional Investments and Customer Engagement Initiatives for FanDuel Transcript
Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT)'s price target was lowered to $180 from $210 by Jefferies, which cut its earnings estimates following the company's decision to increase promotional spending in the US during the second half of 2026. Jefferies cut its Group EBITDA estimates by 8% for 2027 and 13% for 2028, with the reductions entirely reflecting lower US estimates.
Flutter Entertainment NYSE: FLUT reported second-quarter revenue growth of 3% as strong customer engagement around the FIFA World Cup and acquisitions helped offset customer-friendly U.S. sports results and higher taxes in the United Kingdom.
Citi has upgraded Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) to 'neutral' following the gambling group's second-quarter results, arguing that a 13%...
Citi has upgraded Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) to 'neutral' following the gambling group's second-quarter results, arguing that a 13% share price fall since April has reset expectations. The US bank trimmed its target price on the FanDuel and Paddy Power owner to $93, from $93.26.
CFRA's Zach Warring joins Morning Trade Live to look at the state of sports wagering companies like DraftKings (DKNG) and Flutter Entertainment (FLUT). The biggest headwind in his mind: Prediction markets like Kalshi and Polymarket eating into their business.
Flutter Entertainment plc reported weak Q2 results and a slight downgrade to the 2026 financial guidance. FLUT's U.S. sportsbook momentum weakened, reflecting competitive pressures but also transitory weakness due to adverse sports results. Momentum in U.S. iGaming and in international markets remained good, accounting for most of FLUT's overall business.
Flutter Entertainment plc (FLUT) Q2 2026 Earnings Call Transcript
Flutter underperformed Wall Street expectations for second-quarter earnings per share. The company announced CEO Peter Jackson will depart at the end of the current quarter.
The headline numbers for Flutter (FLUT) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Flutter Entertainment (FLUT) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $2.95 per share a year ago.
Flutter Entertainment said Chief Executive Peter Jackson is stepping down, while lowering its profit outlook and swinging to a loss as its U.S. business continues to struggle.
NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (NYSE: FLUT) (“Flutter”), the world's leading online sports betting and iGaming operator, today announces Q2 2026 results.
NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (NYSE: FLUT), the world's leading online sports betting and iGaming operator, today announced that Dan Taylor will be appointed Group Chief Executive Officer, effective October 1, 2026, when he will also join Flutter's Board of Directors. Dan will succeed Peter Jackson, who will step down as Group Chief Executive Officer and from the Board on September 30, 2026.
Investors should also look for updates on Flutter's prediction market business.
Flutter Entertainment plc (the "Company") Effective Date Announcement NEW YORK and DUBLIN, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Further to the announcement made on June 12, 2026, Flutter Entertainment plc ("Flutter" or the "Company") (NYSE: FLUT) today announces that: (i) the listing of the Company's shares on the Official List of the U.K. Financial Conduct Authority; and (ii) the admission to trading of those shares on the main market for listed securities of the London Stock Exchange, have now been cancelled with effect from 08:00 U.K. time today, August 3, 2026. Flutter's shares are now only listed on the New York Stock Exchange.
DUBLIN and TORONTO, July 31, 2026 (GLOBE NEWSWIRE) -- Flutter Entertainment ("Flutter") (NYSE: FLUT, LSE: FLTR), the leading online sports betting and iGaming operator, today announced that Peter Jackson, Chief Executive Officer, and Rob Coldrake, Chief Financial Officer, will participate in the following event: Oppenheimer fireside chat scheduled for Tuesday, August 11, 2026 at 11:10am EDT / 4:10pm BST The live audio webcast for the Oppenheimer fireside chat can be accessed via www.
DUBLIN & TORONTO, July 31, 2026 (GLOBE NEWSWIRE) -- Flutter Entertainment (“Flutter”) (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announced that Peter Jackson, Chief Executive Officer, and Rob Coldrake, Chief Financial Officer, will participate in the following event: