Flutter Entertainment PLC (FLUT)
NYSE:FLUT
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Earnings Data
Report Date
Aug 06, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.3Last Year’s EPS
2.95Same Quarter Last Year
Moderate Buy
Based on 25 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly constructive operational story: strong top-line momentum across the group (17% revenue growth) driven by robust iGaming (+28%) and sportsbook (+10%), successful product launches (loyalty, Bet Protect+), international wins (Italy, Brazil) and encouraging early signs in prediction market market-making. However, meaningful near-term challenges remain—profitability and cash conversion were pressured (net income and free cash flow declines, modest adjusted EBITDA growth), U.S. sportsbook AMPs and customer base weakness, regulatory uncertainty for prediction markets, and a leverage level of 3.7x. Management emphasized active remediation plans, cost transformation delivery, continued buybacks, and maintained full-year underlying guidance, conveying confidence in a recovery trajectory. Overall, positives around revenue growth, product adoption and international execution outweigh the short-term financial and execution headwinds, while leaving a need to monitor profitability and leverage progress closely.Company Guidance
Strong Group Revenue Growth
Group revenue grew 17% year-over-year in Q1 2026, driven by acquisitions (Snai, Betnacional) and a positive year-over-year swing in sports results.
Robust iGaming Performance
Total iGaming revenue increased 28% year-over-year; FanDuel iGaming AMPs rose 10% with iGaming revenue up 19%, driven by direct casino player expansion and improved frequency among higher-value cohorts.
Sportsbook Revenue Growth
Sportsbook revenue grew 10% year-over-year with improving headline KPIs across the quarter and sequential improvements in AMPs, handle and structural revenue margin.
U.S. Product & Loyalty Momentum
Launches and enhancements (early win promotions, loyalty program rollout, Bet Protect+ industry-first product) showed very positive early adoption—Bet Protect+ adoption rates were double expectations and initial loyalty cohorts responded positively.
International Market Strength (Italy & Brazil)
Italy: #1 online operator with Snai migration completed end-April (~2 million accounts) and Sisal’s MyCombo driving parlay penetration (multi-leg bets contributed ~50% of prematch soccer handle; >30% of bets had 5+ legs). Brazil: Betnacional AMPs were over 40% higher year-over-year.
Prediction Market Early Wins & Market-Making
Prediction market initiatives progressing: One App launched to serve both sportsbook and prediction customers; market-making services began on a major third-party platform in April with encouraging early indicators and plans to launch the group's market-making platform in coming months.
Operating Cash Flow Improvement
Net cash provided by operating activities increased $142 million, up 76% year-over-year, primarily due to a favorable year-over-year swing in player funds (~$153 million) related to the Sisal lottery payout timing.
Capital Allocation & Buybacks
Buyback program ongoing: $190 million returned to shareholders as of May 1 toward the planned $250 million tranche; disciplined capital allocation and focus on deleveraging while maintaining buyback flexibility.
Cost Transformation Progress
International cost efficiency program on track to deliver a $300 million run-rate by year-end; ongoing cost savings and further phase of transformation being defined for 2027+.
FLUT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLUT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $99.11 | $101.20 | +2.11% |
Feb 26, 2026 | $123.13 | $106.14 | -13.80% |
Nov 12, 2025 | $234.45 | $201.00 | -14.27% |
Aug 07, 2025 | $306.07 | $280.59 | -8.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Flutter Entertainment PLC (FLUT) report earnings?
Flutter Entertainment PLC (FLUT) is schdueled to report earning on Aug 06, 2026, TBA (Confirmed).
What is Flutter Entertainment PLC (FLUT) earnings time?
Flutter Entertainment PLC (FLUT) earnings time is at Aug 06, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLUT EPS forecast?
FLUT EPS forecast for the fiscal quarter 2026 (Q2) is 0.3.