Movement Alert｜Flutter Entertainment PLC Intraday Rise 4.23% in Regular Trading, Post-Q3 Analyst Support Aids Rebound

Market Focus11-12 00:14

On November 12, Flutter Entertainment PLC rose 4.23% in Regular Trading, trading at $86.1 per share, with turnover of $64.20 million.

The move followed continued constructive analyst positioning after the company’s early-November third-quarter update, despite weaker-than-expected results and a lower full-year revenue outlook.

Flutter Entertainment PLC reported third-quarter revenue of $3.874 billion, below expectations near $4.0 billion, and adjusted EPS of negative $0.18, versus market forecasts for a profit. The company also lowered its full-year revenue guidance to $17.34 billion to $17.89 billion, down from the prior $17.44 billion to $18.39 billion range. Even so, several firms maintained positive views after the release, with buy-equivalent ratings broadly intact and one major broker keeping an outperform stance while trimming its target price, helping support a recovery in the shares.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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