Flutter Entertainment slips on downbeat 2026 profit outlook

Flutter Entertainment

27/02/2026 08:19

** FanDuel-owner Flutter Entertainment FLTRF.L slips 9.6% to $8,204p

** Co expects 2026 core profit of $2.97 billion, below $3.5 billion expected by analysts polled by LSEG SmartEstimate

** Says guidance reflects lower levels of U.S. customer engagement in Q4 and into 2026

** Intends to increase planned investment in its new prediction markets platform launched in late December

** As of Thursday's close, FLTRF down ~44% this year

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com, +919920570373))