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 (紐交所:FLUT) 的股票在週二的盤後交易中下跌，因爲公司由於"非常不利的"體育結果而下調了近期的指導意見。
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.
發生了什麼：在週二市場收盤後，FanDuel的母公司Flutter Entertainment宣佈，由於不利的賭注結果，強勁的美國客戶勢頭被抵消。
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.
從2024年11月12日到2024年12月31日，客戶友好的結果預計對毛遊戲營業收入產生約43800萬的負面影響，同時預計營業收入約減少39000萬。Flutter表示，調整後的EBITDA還受到了約26000萬的衝擊。
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，該公司現在預計2024年的營業收入約爲57.8億，低於之前指導的60.5億至62.5億。第四季度營業收入現在預計約爲15.9億。全年調整後EBITDA預計約爲50500萬，低於之前指導的67000萬至75000萬。第四季度調整後EBITDA現在預計約爲16100萬。
"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賽季NFL，自在線體育博彩推出以來，客戶友好的結果是最好的，近20年來受歡迎的球隊贏得的比例最高，" 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."
"這些結果的過渡性特徵不會影響我們在9月份投資者日上溝通的基本假設和指導預期，我們對投資者日上提出的增長動力和長期增長軌跡仍然充滿信心。"
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.
在美國以外，Flutter預計由於英超聯賽的有利體育結果，其業績將超過指導的中點。該公司現在預計2024年的營業收入將高出過去指導中點的1%，2024年調整後的EBITDA將大約高出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計劃在3月4日公佈第四季度的業績。公司提到屆時將提供2025年的正式指導。
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價格行動：根據Benzinga Pro的數據，Flutter娛樂的股票在盤後交易中下跌了1.93%，在週二發佈時的交易價格爲247美元。
Photo: Shutterstock.
照片：Shutterstock。
