Flutter Entertainment (FLUT) Beats Q2 Earnings Estimates

Core Insights - Flutter Entertainment reported quarterly earnings of $2.95 per share, exceeding the Zacks Consensus Estimate of $2.55 per share, and showing an increase from $2.61 per share a year ago, resulting in an earnings surprise of +15.69% [1] - The company generated revenues of $4.19 billion for the quarter ended June 2025, which was slightly below the Zacks Consensus Estimate by 0.78%, but an increase from $3.61 billion year-over-year [2] - Flutter's stock has increased approximately 18.8% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.03 on revenues of $4.07 billion, and for the current fiscal year, it is $9.59 on revenues of $17.23 billion [7] - The estimate revisions trend for Flutter was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Gaming industry, to which Flutter belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting that the industry's outlook could significantly impact the stock's performance [8]