FanDuel Owner Flutter Cuts Guidance

FanDuel Parent Flutter Entertainment Cuts Outlook as Too Many NFL Favorites Won
Key Takeaways FanDuel parent Flutter Entertainment warned that its U.S. results will be lower than anticipated because too many NFL favorites won this season, giving customers better payouts.The online gambling company said the "customer friendly" wagering resulted in lowering full-year U.
Flutter cuts US guidance as NFL gamblers ride winning streak
Flutter Entertainment, the world's largest online betting company, said it expects 2024 earnings at its fast-growing US FanDuel brand to be sharply lower after American football gamblers enjoyed an unprecedented winning streak.
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
Flutter Entertainment shares are trading lower in Tuesday's after-hours session after the company cut near-term guidance due to a period of "very unfavorable" sports results.
Gamblers’ NFL Success Prompts Flutter Entertainment to Cut U.S. Outlook
Flutter Entertainment lowered its full-year 2024 U.S. outlook citing unfavorable sports results from mid-November through all of December.
Flutter Entertainment Faces Revenue Hit from Favorable NFL Outcomes
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FanDuel Owner Flutter Cuts Guidance as NFL Favorites Keep Winning
FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday, blaming gamblers who won big by backing favorites. The current NFL season “has been the most customer-friendly since the launch of online sports betting,
Flutter Entertainment falls Thursday, underperforms market
Flutter Entertainment PLC FLTR shares slid 1.94% to £202.10 Thursday, on what proved to be an all-around positive trading ...
Flutter Entertainment Advances Share Buyback Program
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Detroit Lions Take A Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
The Detroit Lions and other NFL betting favorites hurt revenue and profits for sportsbooks. Here's what one analyst says ...
Flutter Entertainment rises Wednesday, outperforms market
Flutter Entertainment PLC FLTR shares inched up 0.39% to £206.10 Wednesday, on what proved to be an all-around positive ...
Flutter Entertainment: Buy Rating Reaffirmed Despite Short-term Setbacks, Driven by Long-term Growth Potential
Flutter Entertainment PLC (FLTR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday.
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Flutter issues US profit warning amid “very unfavourable” sports results
Flutter is likely to fall around $370 million short of US revenue expectations following “very unfavourable” sports results ...
Flutter Entertainment plc (FLUT) Stock Forecasts
In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in ...
JMP Securities Increases Flutter Entertainment (NYSE:FLUT) Price Target to $311.00
Flutter Entertainment (NYSE:FLUT – Get Free Report) had its price target hoisted by analysts at JMP Securities from $299.00 ...