Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
As a result, the company now expects 2024 revenue of approximately $5.78 billion, down from previous guidance of $6.05 billion to $6.25 billion. Fourth-quarter revenue is now expected to be approximately $1.59 billion. Full-year adjusted EBITDA is expected to come in at approximately $505 million, down from previous guidance of $670 million to $750 million. Fourth-quarter adjusted EBITDA is now expected to be approximately $161 million.Flutter Entertainment Plc (NYSE:FLUT) shares are trading lower in Tuesday's after-hours session after the company cut near-term guidance due to a period of "very unfavorable" sports results.
Flutter Entertainment Plc (纽交所:FLUT) 的股票在周二的盘后交易中下跌，因为公司由于"非常不利的"体育结果而下调了近期的指导意见。
What Happened: After the market close on Tuesday, FanDuel parent company Flutter Entertainment announced that strong U.S. customer momentum has been offset by unfavorable betting outcomes.
发生了什么：在周二市场收盘后，FanDuel的母公司Flutter Entertainment宣布，由于不利的赌注结果，强劲的美国客户势头被抵消。
From Nov. 12, 2024, to Dec. 31, 2024, customer-friendly results accounted for an estimated adverse gross gaming revenue impact of $438 million, as well as estimated reductions in revenue of approximately $390 million. Flutter noted that adjusted EBITDA also took a hit of approximately $260 million.
从2024年11月12日到2024年12月31日，客户友好的结果预计对毛ARVR游戏营业收入产生约43800万的负面影响，同时预计营业收入约减少39000万。Flutter表示，调整后的EBITDA还受到了约26000万的冲击。
As a result, the company now expects 2024 revenue of approximately $5.78 billion, down from previous guidance of $6.05 billion to $6.25 billion. Fourth-quarter revenue is now expected to be approximately $1.59 billion. Full-year adjusted EBITDA is expected to come in at approximately $505 million, down from previous guidance of $670 million to $750 million. Fourth-quarter adjusted EBITDA is now expected to be approximately $161 million.
因此，该公司现在预计2024年的营业收入约为57.8亿，低于之前指导的60.5亿至62.5亿。第四季度营业收入现在预计约为15.9亿。全年调整后EBITDA预计约为50500万，低于之前指导的67000万至75000万。第四季度调整后EBITDA现在预计约为16100万。
"The 2024/2025 NFL season to date has been the most customer-friendly since the launch of online sports betting with the highest rate of favorites winning in nearly 20 years," the company said.
"截至2024/2025赛季NFL，自在线体育博彩推出以来，客户友好的结果是最好的，近20年来受欢迎的球队赢得的比例最高，" 公司表示。
"The transitory nature of these results has no impact on the underlying assumptions and guidance expectations communicated at our Investor Day in September, and we remain confident in the growth drivers and long-term growth trajectory set out at the Investor Day."
"这些结果的过渡性特征不会影响我们在9月份投资者日上沟通的基本假设和指导预期，我们对投资者日上提出的增长动力和长期增长轨迹仍然充满信心。"
Outside of the U.S., Flutter is expected to exceed midpoints of guidance due to favorable sports results in the English Premier League. The company now expects 2024 revenue to be 1% higher than the midpoint of previous guidance and 2024 adjusted EBITDA to be approximately 2% higher.
在美国以外，Flutter预计由于英超联赛的有利体育结果，其业绩将超过指导的中点。该公司现在预计2024年的营业收入将高出过去指导中点的1%，2024年调整后的EBITDA将大约高出2%。
Flutter is scheduled to report fourth-quarter earnings on March 4. The company noted that it will provide formal guidance for 2025 at that time.
Flutter计划在3月4日公布第四季度的财报。公司提到届时将提供2025年的正式指导。
FLUT Price Action: Flutter Entertainment shares were down 1.93% after hours, trading at $247 at the time of publication Tuesday, according to Benzinga Pro.
FLUt价格行动：根据Benzinga Pro的数据，Flutter娱乐的股票在盘后交易中下跌了1.93%，在周二发布时的交易价格为247美元。
Photo: Shutterstock.
照片：shutterstock。
