Flutter Entertainment (NYSE:FLUT) Issues Earnings Results, Beats Expectations By $0.13 EPS

Flutter Entertainment (NYSE:FLUT) released its quarterly earnings results on Wednesday. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.13, FiscalAI reports. Flutter Entertainment had a negative net margin of 2.20% and a positive return on equity of 11.47%. The business had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same period last year, the business earned $1.59 EPS. The business’s revenue was up 17.4% on a year-over-year basis.

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 Performance

NYSE FLUT traded up $0.52 during trading hours on Friday, reaching $101.72. The company’s stock had a trading volume of 1,590,382 shares, compared to its average volume of 3,747,278. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.31. The business has a 50-day simple moving average of $107.52 and a 200 day simple moving average of $166.00. Flutter Entertainment has a 52 week low of $97.94 and a 52 week high of $313.68. The stock has a market cap of $17.74 billion, a PE ratio of -47.57, a PEG ratio of 1.52 and a beta of 1.58.

Flutter Entertainment News Roundup

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

• Positive Sentiment: Q1 results beat: revenue $4.30bn (+17.4% YoY) and EPS $1.22 topped estimates, showing top-line momentum despite margin pressure. Q1 2026 Financial Results
• Positive Sentiment: Share buyback continuation: management is actively redeeming U.S. shares under its $5bn repurchase program and has cancelled recently repurchased shares — a direct capital-return tailwind. Flutter Continues $5bn Buyback With Fresh US Share Redemption
• Neutral Sentiment: London listing review ongoing: Flutter says it will conclude its London-listing review in Q2 — this is being watched for corporate-structure implications but no decision yet. Flutter keeps 2026 targets, to wrap London listing review in Q2
• Neutral Sentiment: AWS data-center outage briefly disrupted trading on FanDuel (and other platforms); operational interruptions can create short-lived volatility but are not a fundamental change. AWS data center outage hits trading on Fanduel, Coinbase — recovery to take hours
• Negative Sentiment: Management shake-up at FanDuel: CEO Amy Howe has departed and U.S. leadership was restructured — investors may view this as governance risk and a catalyst for near-term uncertainty at Flutter’s largest market. Betting giant Flutter overhauls management at US FanDuel unit
• Negative Sentiment: Profit and guidance pain: net income fell sharply and the company trimmed full-year guidance, which is weighing on sentiment despite the revenue beat. Flutter shares slide 4% as profit drop and US struggles overshadow revenue beat
• Negative Sentiment: Analysts trimming targets: several firms have cut price targets (Benchmark, BTIG, Needham, Wells Fargo, Citizens/JMP), reflecting caution on U.S. growth and margins — added pressure on the stock. Analyst price-target coverage roundup

Insider Transactions at Flutter Entertainment

In related news, CFO Robert Coldrake sold 4,613 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $106.45, for a total value of $491,053.85. Following the sale, the chief financial officer 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jeremy Peter Jackson sold 4,326 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $108.00, for a total value of $467,208.00. Following the transaction, the chief executive officer owned 36,788 shares of the company’s stock, valued at $3,973,104. This represents a 10.52% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 17,834 shares of company stock worth $1,900,331. 0.09% of the stock is currently owned by company insiders.

Institutional Trading of Flutter Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in FLUT. Axxcess Wealth Management LLC lifted its holdings in shares of Flutter Entertainment by 19.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,085 shares of the company’s stock valued at $663,000 after purchasing an additional 497 shares during the last quarter. Vident Advisory LLC lifted its holdings in shares of Flutter Entertainment by 10.4% in the fourth quarter. Vident Advisory LLC now owns 1,608 shares of the company’s stock valued at $346,000 after purchasing an additional 152 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Flutter Entertainment by 7.9% in the fourth quarter. Mackenzie Financial Corp now owns 12,620 shares of the company’s stock valued at $2,739,000 after purchasing an additional 919 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Flutter Entertainment by 22.4% in the fourth quarter. NewEdge Advisors LLC now owns 753 shares of the company’s stock worth $162,000 after buying an additional 138 shares during the period. Finally, XTX Topco Ltd grew its stake in Flutter Entertainment by 90.0% during the 4th quarter. XTX Topco Ltd now owns 20,607 shares of the company’s stock valued at $4,431,000 after acquiring an additional 9,762 shares in the last quarter.

Flutter Entertainment announced that its board has authorized a stock repurchase program on Wednesday, March 11th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the company to buy up to 1.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on FLUT. BTIG Research lowered their target price on Flutter Entertainment from $137.00 to $126.00 and set a “buy” rating for the company in a research note on Thursday. UBS Group cut their price target on Flutter Entertainment from $300.00 to $160.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Sanford C. Bernstein reduced their price target on Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating for the company in a report on Thursday. Bank of America lowered their price objective on Flutter Entertainment from $250.00 to $210.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. Finally, Susquehanna dropped their price objective on Flutter Entertainment from $160.00 to $143.00 and set a “positive” rating on the stock in a report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $194.23.

About Flutter Entertainment

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.