Flutter Entertainment PLC
FLUT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&k | LOCK|vjd% | LOCK|pD?R@hjK |
Flutter Earnings: Leading Market Position Supported by Marketing and Promotions; Shares Cheap
Flutter's third-quarter revenue increased 2%. Adjusted EBITDA decreased 25% driven by prediction market and Alberta launch investments. The company reduced 2026 sales targets by $300 million to $17.61 billion at the midpoint to account for exiting Brazil and unfavorable sports outcomes.
