Flutter Entertainment (FLUT) To Report Earnings Tomorrow: Here Is What To Expect

Global online betting powerhouse Flutter Entertainment (NASDAQ:FLUT) will be reporting results this Thursday after market hours. Here’s what investors should know.

Flutter Entertainment missed analysts’ revenue expectations last quarter, reporting revenues of $3.79 billion, up 16.8% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ adjusted operating income estimates but a significant miss of analysts’ EPS estimates.

This quarter, the market is expecting Flutter Entertainment’s revenue to grow 31% year on year, improving from the 14.5% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Flutter Entertainment has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Flutter Entertainment’s peers in the consumer discretionary - casino operator segment, some have already reported their Q4 results, giving us a hint as to what we can expect. MGM Resorts delivered year-on-year revenue growth of 6%, beating analysts’ expectations by 3.6%, and Monarch reported revenues up 4.1%, in line with consensus estimates. MGM Resorts traded up 3.3% following the results while Monarch was also up 2.3%.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the consumer discretionary - casino operator stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.3% on average over the last month. Flutter Entertainment is down 31.9% during the same time and is heading into earnings with an average analyst price target of $272.15 (compared to the current share price of $118.37).