Flutter Entertainment (NYSE:FLUT) Announces Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Flutter Entertainment (NYSE:FLUT) issued its quarterly earnings results on Wednesday. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.07, FiscalAI reports. Flutter Entertainment had a negative net margin of 1.89% and a positive return on equity of 12.12%. The business had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.24 billion.

Here are the key takeaways from Flutter Entertainment’s conference call:

• Management changes expand Dan Taylor’s role and elevate Christian Genetski while Amy Howe departs, a move management says will sharpen U.S. sportsbook focus and better leverage group expertise for long‑term growth.
• The U.S. sportsbook faces near‑term headwinds with AMPS down ~1% year‑over‑year and a smaller player base after persistently high gross revenue margins and adverse NFL results entering 2026.
• Management highlighted several customer initiatives—loyalty program rollout, BetProtect+ (adoption ~2x expectations), and product enhancements—that have driven improving KPIs and are expected to lift engagement into Q2–Q3.
• Prediction markets and market‑making are being treated as an optionality investment (≈$40m in Q1); early revenue is modest, regulatory uncertainty remains, and management plans to ramp activity into H2 around the World Cup and NFL.
• Financials were mixed—group revenue +17% and adjusted EBITDA +2%, but net income and free cash flow fell; full‑year guidance is largely unchanged with midpoint revenue of $18.3bn and adjusted EBITDA of $2.865bn, leverage at 3.7x and buybacks ongoing.

Flutter Entertainment Stock Down 4.1%

Shares of NYSE:FLUT traded down $4.26 during trading on Wednesday, reaching $99.07. 6,992,673 shares of the stock were exchanged, compared to its average volume of 3,747,788. Flutter Entertainment has a 1-year low of $97.94 and a 1-year high of $313.68. The stock has a fifty day moving average of $108.18 and a two-hundred day moving average of $168.13. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $17.28 billion, a price-to-earnings ratio of -55.04, a price-to-earnings-growth ratio of 1.60 and a beta of 1.58.

Wall Street Analyst Weigh In

FLUT has been the topic of a number of recent analyst reports. Barclays dropped their price objective on Flutter Entertainment from $225.00 to $175.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Bank of America lowered their target price on Flutter Entertainment from $250.00 to $210.00 and set a “neutral” rating for the company in a report on Thursday, January 22nd. Zacks Research lowered Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research note on Monday, January 19th. Stifel Nicolaus cut their price target on Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Finally, Oppenheimer lowered their price objective on shares of Flutter Entertainment from $210.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $209.29.

Insider Buying and Selling at Flutter Entertainment

In other Flutter Entertainment news, CFO Robert Coldrake sold 4,613 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $106.45, for a total value of $491,053.85. Following the transaction, the chief financial officer directly owned 10,006 shares of the company’s stock, valued at approximately $1,065,138.70. This trade represents a 31.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeremy Peter Jackson sold 4,326 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $108.00, for a total transaction of $467,208.00. Following the sale, the chief executive officer directly owned 36,788 shares of the company’s stock, valued at approximately $3,973,104. The trade was a 10.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 17,834 shares of company stock worth $1,900,331. 0.09% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Flutter Entertainment

A number of hedge funds have recently added to or reduced their stakes in the stock. MML Investors Services LLC raised its stake in shares of Flutter Entertainment by 0.6% in the second quarter. MML Investors Services LLC now owns 7,081 shares of the company’s stock worth $2,024,000 after purchasing an additional 45 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Flutter Entertainment by 5.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,311 shares of the company’s stock worth $290,000 after buying an additional 69 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its position in Flutter Entertainment by 83.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the company’s stock valued at $42,000 after buying an additional 75 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Flutter Entertainment by 0.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 9,119 shares of the company’s stock valued at $1,961,000 after buying an additional 80 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Flutter Entertainment by 74.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 248 shares of the company’s stock valued at $71,000 after acquiring an additional 106 shares in the last quarter.

Flutter Entertainment declared that its Board of Directors has authorized a share repurchase program on Wednesday, March 11th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 1.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Key Headlines Impacting Flutter Entertainment

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: Q1 results beat expectations: Flutter reported $1.22 EPS vs. $1.15 consensus and revenue of $4.30B vs. $4.24B expected, showing underlying top-line resilience. The quarter also showed a positive return on equity. Q1 2026 Financial Results
• Positive Sentiment: Buyback support: Flutter confirmed continued execution of its $5bn buyback program, including cancellation of shares and U.S. repurchases that trim share count — a clear shareholder-return driver. Flutter Cancels 19,400 Shares as Part of $5bn Buyback Drive
• Neutral Sentiment: Investor access scheduled: CEO Peter Jackson and CFO Rob Coldrake will appear at a J.P. Morgan fireside chat next week, offering an opportunity for management to address strategy, FanDuel leadership and margins. Flutter Entertainment Announce Management Participation in Upcoming Event
• Negative Sentiment: FanDuel leadership upheaval: Flutter said FanDuel CEO Amy Howe has left and senior roles are being restructured (Dan Taylor to oversee U.S. operations; Christian Genetski to step in per some reports). Given FanDuel’s importance to group results, the abrupt change increases execution and strategy uncertainty in the U.S. market. Betting giant Flutter overhauls management at US FanDuel unit

Flutter Entertainment Company Profile

Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.

Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.