Investing.com - Flutter Entertainment reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Flutter Entertainment announced earnings per share of £0.9695 on revenue of £1.59B. Analysts polled by Investing.com anticipated EPS of £0.6565 on revenue of £1.39B.
Flutter Entertainment shares are up 10% from the beginning of the year and are trading at £9,296.0 , down-from-52-week-high.They are outperforming the DAX which is down 11.28% from the start of the year.
Flutter Entertainment shares lost 13.89% in intra-day trade after the report.
Flutter Entertainment follows other major Consumer Discretionary sector earnings this month
Flutter Entertainment's report follows an earnings missed by Barratt Developments on Wednesday, February 9, 2022, who reported EPS of £0.34 on revenue of £2.25B, compared to forecasts EPS of £25.00 on revenue of £2,472M.
Berkeley had missed expectations on Monday, December 6, 2021 with second quarter EPS of £1.46 on revenue of £895.9M, compared to forecast for EPS of £188.41 on revenue of £1,219M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar