Flutter Entertainment Q4 EPS $1.74 Beats Estimate, Revenue Misses by 4.5%
Flutter Entertainment reported adjusted Q4 earnings of $1.74 per share, surpassing consensus by 1.16% while revenues of $4.74 billion missed estimates by 4.54%. Shares have fallen 44.3% year-to-date and carry a Zacks Rank #4, with next-quarter EPS consensus at $2.02 on $4.66 billion revenue.
1. Q4 Earnings Beat
Flutter delivered adjusted earnings of $1.74 per share for the December quarter, exceeding the $1.72 consensus and marking the fourth consecutive quarter of EPS outperformance.
2. Revenue Shortfall and Outlook
The company posted Q4 revenue of $4.74 billion, missing forecasts by 4.54%. Consensus estimates for the coming quarter call for $2.02 EPS on $4.66 billion in revenue and $8.46 EPS on $19.21 billion for the full fiscal year.
3. Share Performance and Analyst View
Shares have declined 44.3% year-to-date versus a 1.5% gain for the S&P 500, and the stock carries a Zacks Rank #4 (Sell) based on recent unfavorable earnings estimate revisions.