Flutter Entertainment Reports Q1 Revenue Of $3.397B Up From $2.918B YoY, Adjusted EPS $0.10 Down From $0.69 YoY
Portfolio Pulse from Benzinga Newsdesk
Flutter Entertainment reported a Q1 revenue of $3.397 billion, an increase from $2.918 billion year-over-year. However, its adjusted EPS fell to $0.10 from $0.69 in the same period.
May 14, 2024 | 7:23 am
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Flutter Entertainment's Q1 revenue increased significantly, but its adjusted EPS saw a substantial decline.
The increase in revenue indicates growth, which is positive. However, the significant drop in adjusted EPS could raise concerns about profitability and expenses, leading to mixed reactions in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100