FLUT

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #DigitalIdentity--FanDuel Group, North America's premiere online gaming company, and GeoComply, the global leader in geolocation and identity intelligence, today announced a multi-year renewal — extending a relationship that has supported FanDuel's growth from a single state to over two dozen states. Through the expanded partnership, FanDuel will continue to leverage GeoComply's industry-leading identity verification and fraud prevention technology to help protect cu.

Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT)'s price target was lowered to $180 from $210 by Jefferies, which cut its earnings estimates following the company's decision to increase promotional spending in the US during the second half of 2026. Jefferies cut its Group EBITDA estimates by 8% for 2027 and 13% for 2028, with the reductions entirely reflecting lower US estimates.

Citi has upgraded Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) to 'neutral' following the gambling group's second-quarter results, arguing that a 13% share price fall since April has reset expectations. The US bank trimmed its target price on the FanDuel and Paddy Power owner to $93, from $93.26.

Flutter Entertainment plc reported weak Q2 results and a slight downgrade to the 2026 financial guidance. FLUT's U.S. sportsbook momentum weakened, reflecting competitive pressures but also transitory weakness due to adverse sports results. Momentum in U.S. iGaming and in international markets remained good, accounting for most of FLUT's overall business.

Flutter Entertainment plc (FLUT) Q2 2026 Earnings Call Transcript

Flutter underperformed Wall Street expectations for second-quarter earnings per share. The company announced CEO Peter Jackson will depart at the end of the current quarter.

The headline numbers for Flutter (FLUT) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Flutter Entertainment (FLUT) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $2.95 per share a year ago.

Flutter Entertainment said Chief Executive Peter Jackson is stepping down, while lowering its profit outlook and swinging to a loss as its U.S. business continues to struggle.

NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (NYSE: FLUT) (“Flutter”), the world's leading online sports betting and iGaming operator, today announces Q2 2026 results.