Flutter shares tumble 12% after cautious 2026 guidance disappoints
Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), the owner of FanDuel and Paddy Power, saw its shares drop 12% to 7,972p in London after the gambling giant issued 2026 earnings guidance after hours on Thursday that fell well short of market expectations, overshadowing a broadly in-line set of full-year results. The company, which shifted its primary listing to New York, posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of $2.845 billion for 2025.
Flutter Entertainment (FLUT) Q4 Earnings Beat Estimates
Flutter Entertainment (FLUT) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $2.94 per share a year ago.
Flutter Entertainment's Customer Growth Moderates, Market Share Declines in Fourth Quarter
The owner of FanDuel posted results that largely missed Wall Street expectations as customer and betting growth slowed due to improved competitor products.
FanDuel parent Flutter reports disappointing fourth-quarter earnings
FanDuel parent Flutter Entertainment announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric. "It's fair to say, not everything went our way in the fourth quarter," Flutter CEO Peter Jackson told CNBC in an interview.
Is Flutter Entertainment a Falling Knife—or a Rare Contrarian Setup?
After months of steady selling and an acceleration since early January, shares of Flutter Entertainment plc NYSE: FLUT are now back at the levels they were at in 2020. The stock has effectively given up three years' worth of gains, a brutal outcome for what was once viewed as one of the most exciting names in global online gambling.
Prediction Markets Won't Break Flutter's Sportsbook Economics
Flutter is approaching a buying opportunity, with shares down 49% from ATHs amid sentiment-driven selloff and temporary margin pressures. FLUT maintains a dominant US market position via FanDuel, benefiting from high-margin parlays and resilient gambling revenue across regulated and emerging markets. Prediction markets pose a limited threat to FLUT's profit pool, as their lower-margin, binary-only offerings cannot disrupt core sportsbook and parlay economics.
Scandals aren't slowing America's sports-betting boom. But they've led some prop bets to shrink to a maximum win of just $200.
The NBA, MLB and NFL have all worked with betting companies to put restrictions on prop bets — wagers placed on a specific statistic within a game
Flutter: Don't bet against this online gambling giant
Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) shares took a battering after the bookmaker reset its profit guidance for next year, catching investors off guard with a roughly 10% downgrade at the earnings level. But JP Morgan reckons the market has overreacted.
Flutter trims its sails, prompting bank to resets expectations
Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) latest quarter has prompted a tidy round of number-crunching at Citi, and the conclusion is that the near-term picture has lost a little of its shine. The broker has cut earnings and revenue forecasts after the group's third-quarter results fell short, and after management warned that unhelpful sports outcomes in the fourth quarter would dent both its US and international operations.
Sports Betting Stock Benched on Disappointing Guidance
Sports betting stock Flutter Entertainment PLC (NYSE:FLUT) is falling sharply today, last seen down 8.8% at $213.87, after mixed third-quarter results.
Flutter Q3: FanDuel's Prediction Market Entry Builds Upside (Rating Upgrade)
Flutter Entertainment plc is entering the prediction market with FanDuel Predicts, competing with Kalshi and Polymarket and increasing the brand's market access. Flutter's iGaming performance remained very strong in Q3, led by market share gains in the U.S. and strong growth internationally. FanDuel's sports betting market share saw pressure from tightening competition, and adverse NFL results further pressured earnings. Flutter has responded by increasing investments in Q4.
Flutter Entertainment Shares Slip on Guidance Cut
The lower full-year outlook reflects a step-up in investment in sports and prediction markets, a tax cost relating to the Illinois wager fee, and changes to regulations in India.
