Take 18aFanDuel Parent Flutter Entertainment Reports Mixed Q3: EPS Beat, Revenues Miss

Benzinga

Flutter beat earnings expectations but missed slightly on revenue as sportsbook performance weakened due to unfavorable sports results and heavy promotions. FanDuel player growth improved, though the company cut its 2025 revenue outlook. Shares dipped in extended trading.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02FanDuel parent Flutter Entertainment beat earnings expectations with $1.64 per share

00:07when reported $3.79 billion in revenue, slightly below the $3.9 billion estimate,

00:13according to Benzinga. Sportsbook average monthly players grew 5% after a second quarter decline,

00:19while Sportsbook revenue fell 5% year over year due to unfavorable sports results and heavy

00:24competitor promotions early in the NFL season. These trends contributed to $51 million in

00:29adjusted EBITDA. Flutter said increased FanDuel investment in the fourth quarter has boosted

00:33handle growth by 10% so far, with the NBA season starting strong. Flutter lowered its 2025 revenue

00:39outlook to $16.69 billion versus the $17.05 billion estimate. Shares fell 2.1% to $229.50

00:48in extended trading. For all things money, visit Benzinga.com.

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