FLUT, GCO, OPRA, SUPV and HCA have been added to the Zacks Rank #1 (Strong Buy) List on August 30, 2024.
Flutter Entertainment (NYSE: FLUT ) stock is on the rise Wednesday after the sports betting and gaming company announced its latest earnings results. The good news for FLUT stock starts with its adjusted earnings per share of $2.61.
Shares of FanDuel parent Flutter Entertainment (FLUT) surged Wednesday, a day after it reported better-than-expected second-quarter earnings and lifted its full-year revenue outlook.
Betting firm Flutter Entertainment is in talks to buy Snaitech, one of Italy's largest gambling companies, from UK's Playtech in a deal which could be worth 2 billion pounds ($2.57 billion), Sky News reported on Wednesday.
Flutter Entertainment plc (NYSE:FLUT ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Paul Tymms - Investor Relations Peter Jackson - Chief Executive Officer Rob Coldrake - Chief Financial Officer Conference Call Participants Clark Lempen - BTIG Jordan Bender - Citizens JMP Ed Young - Morgan Stanley Ryan Sigdahl - Craig-Hallum Capital Group James Rowland Clark - Barclays Dan Politzer - Wells Fargo Paul Ruddy - Davy Joe Stauff - Susquehanna Monique Pollard - Citi Robert Fishman - MoffettNathanson Jed Kelly - Oppenheimer Simon Davies - Deutsche Bank Andrew Tam - Redburn Atlantic Robin Farley - UBS James Wheatcroft - Jefferies Operator Good afternoon and welcome to the Flutter Q2 Results Call hosted by CEO, Peter Jackson; and CFO, Rob Coldrake. There will be a chance to ask questions later, but I will now hand the call over to Paul Tymms, Group Director of Investor Relations.
The FanDuel parent's recent move to New York reflects the growing importance of the U.S. market, CEO Peter Jackson said.
Flutter raised its full-year guidance after a much better than expected second quarter and said it has no plans "at this stage" to follow rival Draftkings in adding a surcharge to customer's winnings in high-tax U.S. states.
Flutter Entertainment , the world's largest online betting firm, said on Monday it has appointed Walt Disney's former finance chief Christine McCarthy to its board of directors.
Flutter , the world's largest online betting firm, named Rob Coldrake as its new group CFO on Friday and said current group finance head Paul Edgecliffe-Johnson would be stepping down from his role as group CFO and executive director.