Flutter Announces Fiscal Year 2023 Earnings

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Flutter Entertainment (FLUT) rises on 30% core profit forecast

March 26, 2024 5:14 AM EDT

Shares of Flutter Entertainment (NYSE: FLUT) rose more than 2% in premarket trading Tuesday after the company said it anticipates a 30% growth in its core profits for the year, propelled by a significant expansion in its U.S. operations.

This performance aligns with market expectations, according to analysts at Jefferies.

The company forecasts its U.S. core profits to reach between $635 million and $785 million, up from $167 million last year, marking... More