Flutter Entertainment

FLUT

Market cap $18.6B

Flutter Entertainment PLC (NYSE: FLUT) on Thursday reported worse-than-expected fourth-quarter financial results and issued weak FY26 revenue guidance.

Shares of FanDuel's parent were pointing down after disappointing earnings. Its users lost too many bets and left for competitors.

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.

DUBLIN and TORONTO, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (the "Company") Publication of Annual Report and Accounts 2025

Flutter Entertainment plc (PDYPY) Q4 2025 Earnings Call Transcript

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.

Sports betting and iGaming company Flutter Entertainment (NYSE: FLUT) reported fourth-quarter financial results Thursday after market close.

FanDuel-owner Flutter forecast modest profit growth for 2026 far below analyst expectations due to challenges in the betting giant's main U.S. market compounded by its misfiring attempts to win customers over with promotions and bonuses.

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 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.