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Flutter announces completion of NSX acquisition
GlobeNewswire· 2025-05-14 20:30
DUBLIN and TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces that it has completed the acquisition of an initial 56% stake in NSX Group (“NSX”), a leading Brazilian operator of the Betnacional brand for cash consideration of approximately $350m1. The transaction aligns with Flutter’s strategy to invest in leadership positions in attractive international markets and is expected to ...
Why Flutter Entertainment May Be a Resilient Sports Betting Stock
MarketBeat· 2025-05-09 12:02
Flutter Entertainment PLC NYSE: FLUT, which many U.S. investors know as the parent company of the sports betting site FanDuel, announced its quarterly earnings on May 7. The company missed on the top and bottom lines. Earnings per share (EPS) of $1.59 missed estimates of $1.89. Revenue of $3.67 billion came in light of expectations for $3.84 billion. Flutter Entertainment TodayFLUTFlutter Entertainment$241.41 -0.95 (-0.39%) 52-Week Range$174.03▼$299.73P/E Ratio1,097.31Price Target$306.28Add to WatchlistFLU ...
Flutter Entertainment Q1: FanDuel Takes Decisive Lead In IGaming
Seeking Alpha· 2025-05-08 13:35
I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...
Launch of Third Tranche of Share Buyback Program
GlobeNewswire· 2025-05-08 10:55
Flutter Entertainment plc announces launch of third tranche of share repurchase program DUBLIN and TORONTO and NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, announces that it has entered into non-discretionary arrangements with Davy Securities Unlimited Company to repurchase ordinary shares on Flutter’s behalf for an aggregate maximum consideration of up to $225 million on the New York S ...
Flutter Entertainment (FLUT) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 00:35
Flutter Entertainment (FLUT) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.25%. A quarter ago, it was expected that this online gambling company would post earnings of $1.56 per share when it actually produced earnings of $2.94, delivering a surprise of 88.46%.Over the last four q ...
Flutter Entertainment(FLUT) - 2025 Q1 - Earnings Call Transcript
2025-05-07 21:32
Flutter Entertainment (FLUT) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Paul Tymms - Group Director - IR & FPAPeter Jackson - CEORob Coldrake - Chief Financial OfficerJed Kelly - Managing Director - Equity ResearchBen Shelley - DirectorClark Lampen - Managing DirectorMonique Pollard - Director - Equity ResearchBarry Jonas - Managing DirectorJohn Decree - Director - Equity ResearchAdrien de Saint Hilaire - DirectorRobin Farley - Managing Director Conference Call Participants Ed Young ...
Flutter Q1 2025 - Shareholder Letter
GlobeNewswire News Room· 2025-05-07 21:31
Flutter Entertainment Reports First Quarter 2025 Financial Results DUBLIN and TORONTO and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces Q1 results, and updates 2025 guidance. Flutter has today issued a letter to shareholders along with a press release announcing the financial results for the quarter ended March 31, 2025. A copy of the letter is enclosed, and both the letter a ...
Flutter Entertainment(FLUT) - 2025 Q1 - Earnings Call Transcript
2025-05-07 21:30
Flutter Entertainment (FLUT) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the Flutter Entertainment First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. And I would now like to t ...
Q1 2025 Financial Results
GlobeNewswire· 2025-05-07 21:05
Flutter Entertainment Reports First Quarter 2025 Financial ResultsDUBLIN and TORONTO and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, announces Q1 results, and updates 2025 guidance. A letter to shareholders has also been published on the Group's website at www.flutter.com/investors Key financial highlights: In $ millions except where stated otherwiseThree months ended March 31,20252024YOY Average m ...
March Madness drags down Flutter first-quarter results
CNBC· 2025-05-07 20:18
Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA's college basketball tournament weighed on overall first-quarter results for FanDuel's parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed Wall Street expectations, at $3.67 billion versus LSEG estimates of $3.84 billion.The company lowered its full-year U.S. gu ...