FanDuel's Parent Company Just Issued a Profit Warning. Blame the Detroit Lions.
JMP Securities Maintains Flutter Entertainment(FLUT.US) With Buy Rating, Maintains Target Price $311
Express News | Flutter Entertainment PLC : Morgan Stanley Raises Target Price to $320 From $247
Flutter Entertainment Faces Revenue Hit From Favorable NFL Outcomes
Flutter Entertainment Trims US Guidance as NFL Gamblers Win Big
Online gambling company Flutter has lowered its revenue and profit expectations for its USA business last year.
On January 8, Global's largest online gambling company, Flutter, stated that it expects a significant decline in the earnings of the rapidly growing USA FanDuel brand in 2024. When popular teams win, gambling companies typically incur losses. Flutter noted that since the USA lifted the ban on Sports gambling in 2018, this NFL season has been the most customer-friendly season so far, with the winning rate of popular NFL teams reaching the highest level in nearly 20 years. The company now estimates that USA revenue is about 0.37 billion dollars lower than previously expected midpoint of 5.78 billion dollars, adjusted.
FanDuel Parent Warns: NFL Bettors Won Too Much -- WSJ
Gamblers' NFL Success Prompts Flutter Entertainment to Cut U.S. Outlook
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
After-hours Movers: Flutter Entertainment, DraftKings, Cal-Maine Foods, and More
Flutter Entertainment Shares Are Trading Lower After the Company Cut Its FY24 Revenue and Adjusted EBITDA Guidance. The Company Also Cited Unfavorable NFL Parlay Outcomes Impacting Q4.
Flutter Entertainment Adjusts 2024 View To Rev $5.78B >FLUT
Flutter Lowers 2024 US Revenue Guidance By $370M To $5.78B And Adjusted EBITDA Guidance By $205M To $505M Due To Unfavorable NFL Parlay Outcomes Impacting Q4; Ex-US Segments Expects 1% Revenue And 2% EBITDA Growth
Flutter Entertainment PLC Announces Update on Short-Term US Sports Results Impact
Flutter Entertainment Advances Share Buyback Strategy With Recent Share Redemption
Flutter Entertainment Analyst Ratings
JMP Securities Maintains Flutter Entertainment(FLUT.US) With Buy Rating, Raises Target Price to $311
Flutter Entertainment Well-Placed to Keep Leading Position in U.S. -- Market Talk
DraftKings Weakens As Favorites Dominate Late December -- Market Talk
This week’s U.S. stock market stars | Auto stocks lead the rally with strong momentum! Honda has increased by nearly 19%, and Tesla is up nearly 8%; Semiconductors continue to show strength! Broadcom has increased by over 11%, and 'Little NVIDIA' ALAB has
This week, the three major U.S. stock indices closed higher collectively, with the Dow Jones Industrial Average rising by 1.13% to 43,325.8 points; during the same period, the S&P 500 Index increased by 1.8% to 6,037.59 points; and the Nasdaq Composite Index rose by 2.29% to 20,020.36 points.