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Flutter: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Flutter Entertainment PLC (FLUT) on Wednesday reported a loss of $862 million in its third quarter.

The New York-based company said it had a loss of $4.90 per share. Losses, adjusted for one-time gains and costs, were 18 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

The online gambling company posted revenue of $3.87 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $3.97 billion.

Flutter expects full-year revenue in the range of $17.34 billion to $17.89 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLUT at https://www.zacks.com/ap/FLUT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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