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Flutter cuts US guidance
FanDuel Owner Flutter Cuts Guidance. Blame Sports Bettors Winning Big on the NFL.
Some of the National Football League’s strongest teams are having dominant seasons—and that’s helping sports bettors beat the house. FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday,
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.
Flutter profits hit as US gamblers win big on NFL games
FanDuel and Paddy Power owner says results were most ‘customer friendly’ since launch of online sports betting
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.
yogonet
14m
Flutter Entertainment warns of $370M revenue shortfall driven by NFL betting losses
Flutter Entertainment has warned of a revenue shortfall for its US operations, citing unfavorable NFL betting results during ...
igamingbusiness
4h
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 ...
Racing Post
2h
Flutter Entertainment issues profit warning as American Football fans go on winning run
Flutter Entertainment has issued a profits warning after taking a hit of $438 million (£352m/€425m) as punters enjoyed a ...
21h
Flutter Entertainment falls Tuesday, underperforms market
Shares of Flutter Entertainment PLC FLTR inched down 0.92% to £205.30 Tuesday, on what proved to be an all-around dismal ...
1h
on MSN
NFL football outcomes clip earnings expectations at FanDuel and DraftKings
Bank of America warned that DraftKings ( NASDAQ: DKNG) is likely to have seen the same unfavorable NFL outcomes. Analyst ...
17h
Flutter Entertainment down 3% at $245 after FY24 sports results update
EST Flutter Entertainment (FLUT) down 3% at $245 after FY24 sports results updateStay Ahead of the Market:Discover outperforming stocks ...
11h
Flutter Entertainment plc (FLUT) Stock Forecasts
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2d
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 ...
17h
Flutter Entertainment lowers U.S. 2024 revenue view to $5.78B from $6.05B-6.25B
Following our Q3 earnings report on November 12, continued strong US player momentum has been offset by a period of very ...
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