Flutter Entertainment plc (FLUT)
FanDuel's parent company just issued a profit warning. Blame the Detroit Lions.
There aren't enough upsets in the National Football League, and that's upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.
Flutter takes US$400m hit as punters win big on American Football
Flutter, the now US-listed Paddy Power revealed it had lost US$390m million recently due to a run of “very unfavourable” sports results. Most of the losses came from bets on American Football, the FanDuel owner revealed in an announcement last night.
Flutter (FLUT) Upgraded to Strong Buy: Here's What You Should Know
Flutter (FLUT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Flutter Entertainment Up 28% in 3 Months: How to Play the Stock
FLUT has demonstrated exceptional performance, driven by strong execution in its U.S. operations through FanDuel and steady growth across international markets.
Casino Stock Hits Fresh High on New Coverage
Casino stock Flutter Entertainment PLC (NYSE:FLUT) is trading at new record highs after Goldman Sachs initiated coverage with a "buy" rating.
Big-name investors bought FanDuel owner Flutter Entertainment, filings show
High-profile investors including Dan Loeb have flocked to Flutter Entertainment, the Irish gambling company that is the main owner of FanDuel and moved its primary listing to the U.S. in May.
FanDuel Parent Flutter Stock Hits All-Time High on Strong NFL Betting
Shares of Flutter Entertainment (FLUT) traded at an all-time high Wednesday as the parent of sports gambling site FanDuel beat revenue estimates and boosted its guidance as it benefited from demand for wagering on National Football League games.
Flutter Entertainment plc (FLUT) Q3 2024 Earnings Call Transcript
Flutter Entertainment plc (NYSE:FLUT ) Q3 2024 Earnings Call Transcript November 12, 2024 4:30 PM ET Company Participants Paul Tymms - Director of IR Peter Jackson - CEO Rob Coldrake - CFO Conference Call Participants Ed Young - Morgan Stanley Jordan Bender - Citizens JMP Jed Kelly - Oppenheimer Bernie McTernan - Needham & Company Paul Ruddy - Davy Brandt Montour - Barclays Ryan Sigdahl - Craig-Hallum Capital Group Dan Politzer - Wells Fargo Robert Fishman - MoffettNathanson Clark Lampen - BTIG Joe Stauff - Susquehanna John DeCree - CBRE Adrien de Saint Hilaire - Bank of America Robin Farley - UBS Operator Good afternoon and welcome to the Flutter Q3 Trading Update, hosted by CEO, Peter Jackson, and CFO, Rob Coldrake. Please note, this conference call is being recorded.
Flutter: Recent Headwinds Gone, Tailwinds Prevail As Stock Recovers From September Lows
FLUT has all the earmarks of the first blue-chip stock in the sports betting sector. No, it's not Coke, but it checks many boxes. Recent headwinds are diminished, with no others in sight. Its multi-brand skins are a sound business model for the future.
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3 Reasons To Bet On Flutter's 'License To Print Money'
FLUT's strong revenue growth, driven by FanDuel and expanding markets, positions it for continued top-line expansion, potentially reaching $20 billion by FY 2028. Operational improvements and margin expansion are expected to boost profitability, with operating margins projected to grow significantly, enhancing shareholder returns. Despite FLUT's breakeven status over the last twelve months, the company's future growth potential makes it an attractive investment.
Diamond Sports, FanDuel reach naming rights agreement for regional sports networks
Diamond Sports and FanDuel have reached a naming rights agreement for Diamond Sports' regional sports networks. The agreement will start with the 2024 NHL and NBA seasons and will be long-term, pending Diamond's emergence from bankruptcy, according to a bankruptcy court filing.
