Flutter Entertainment falls after lowering annual profit forecast for US market
U.S.-listed shares of sports betting platform Flutter Entertainment FLUT.N FLTRF.L down 3% at $235.2
Flutter late on Wednesday said it expects U.S. core profit to be $180 million lower this year at $1.13 billion due to an unprecedented run of bettor-friendly results during the March Madness college basketball tournament
FLUT posted adj. EBITDA of $616 million for the first quarter, which fell short of analysts' estimate of $658 million, according to data compiled by LSEG
Including session's moves, FLUT down 10.1% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
SanDisk Surges 8% as Earnings Countdown Begins - Here's What Every Investor Needs to Know

Azure Growth 40%, AI Revenue 37 Billion: Why Did Microsoft Shares Fall Instead of Rise?

Nvidia Stock Prediction: Can NVDA Hit $1,000 by 2030?

Robinhood Slumps 8% After Earnings. Revenue and Profit Both Miss, Market Fears Coinbase May Follow Suit.

GOOGL Vs. MSFT: 2 Monster Stocks to Hold for the Next 5 Years

Tradingkey








