Flutter's 2026 revenue guidance of $17.75 billion to $19.05 billion was lower than analysts' projection.
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FanDuel parent Flutter Entertainment
announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric.
FanDuel’s performance in the final quarter of 2025 was affected by bettors losing more often than usual. When that happens, gamblers get discouraged, bet less and stop using the app as frequently, Flutter CEO Peter Jackson told CNBC in an interview.
“It’s fair to say, not everything went our way in the fourth quarter,” Jackson said.
Flutter, which owns FanDuel, reported second-quarter earnings that beat Wall Street expectations Thursday.
HSBC sees shares of Flutter adding 18% from here.
Flutter CEO Peter Jackson told CNBC's Jim Cramer about FanDuel's new prediction markets platform.
Everything is gambling, but not everything in gambling is going great, as CNBC reports that on Wednesday, FanDuel CEO Amy Howe…
CEO Peter Jackson says Flutter expects new business to become ‘good contributor to our revenues’
FanDuel has seen weakening customer engagement on its platform, while it isn't clear its prediction market can drive upside to…
