Why Flutter Entertainment May Be a Resilient Sports Betting Stock

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$174.03▼$299.73P/E Ratio1,097.31Price Target$306.28Add to WatchlistFLU ...