Flutter Entertainment Share Discussion Threads

[djderry] 26/3/2024 13:16

Very pleased with the FY 2023 results.It's been hugely impressive with Fanduel leading the way.The ' Flutter Edge' continues to outperform.

[rkeck] 26/3/2024 12:05

You’re going to have to explain that one Blackhorse. What is the connection between Flutter and APH (Alliance Pharma)????

[blackhorse23] 26/3/2024 11:38

Money moving to APH [LSE] , excellent profitable healthcare company

[lappuliisa] 26/3/2024 07:38

I agree with Pughman, I was bullish too but these early results far exceeded my expectations.
This pokerstars loss was a shocker. Let's see how the markets react

[pughman] 26/3/2024 07:27

Very impressive FanDuel performance to date in 24, exceeding my own bullish expectations.

[lappuliisa] 23/3/2024 21:46

The transition to GAAP accounting will have big impact on this years result, primarily driven by the so called "Fox Option"-liability.
It has smaller impact on adjusted EPS.
I hope the analysts take this into account. The data is available on flutters investors page.
I do believe that outlook for 2024 will be amazing. Already seeing record numbers in Jan & Feb.

[vraetorian] 23/3/2024 02:58

The current P/E is 72.94 with an EPS of 2.36 = roughly $172/share of FLTR.L

[harigoyal] 23/3/2024 00:36

So if the projected 2027 EPS is say 12 pound and P/E of 20, the share price is 240. It is less than 50% appreciation in 3 years.

[vraetorian] 22/3/2024 16:52

For those people that like long-term projections (Next 4 years)

Analysts Forecast::
Annual) EPS
2022 :: 1.89
2023 :: 3.87
2024 :: 5.09
2025 :: 7.08
2026 :: 8.86
2027 :: 11.94

Annual) Revenue
2022 :: 7.69B
2023 :: 9.51B
2024 :: 10.62B
2025 :: 11.82B
2026 :: 13.20B
2027 :: 14.76B

For those wondering how accurate these projections are.
From 2016 to 2022, they accurately projected Revenue by (+-1%). Missing only on 2019 by -0.21% , and a surprise over estimates of +7.78% (2020)
EPS projections have a larger margin of error (+-6% /avg)

[vraetorian] 22/3/2024 16:40

Analysts estimates for Tuesday

FLTR (Period Ending Dec'23)
Earnings:: 162.96
Revenue:: 468.153B

Comparing against previous years
EPS(Annual)
2022 :: 1.89
2023 :: Estimate 3.87

Revenue(Annual)
2022 :: 7.69B
2023 :: Estimate 9.51B

[pughman] 22/3/2024 16:35

Pennsylvania Jan and Feb OSB revenue of $39.6m and $17.7m, Jan and Feb igaming revenue of $41.6m and $44.8m, the latter a 63% yoy increase. The igaming numbers of NJ, Mich and Penn are becoming irresistible.

[the white house] 22/3/2024 16:05

With the vote May 1 & full list in NY from end Julyish will be interesting to see if any major moves are announced for the summer onwards Possibilities are1 Flutter HQ move to US2 Name change to ie FanDuel Group 3 Debt clearance target date 4 Divvi recommence target date 5 Secret purchase of ????6 FanDuel split away7 FanDuel sale to monster US company 8 None of the above 8 looks odds on but you never know...

[the white house] 22/3/2024 15:53

Results Tuesday Interestingly the Q1 Q2 trading update dates have disappeared from Flutters financial calendar. 9 May rings a bell but now has it moved??Anyways results have been flagged & should be robust enough but more importantly the current trading update for 5/6ths of Q1 will have to say ahead of expectations & that should go down well. Jan sports was a record, Feb flat and the new icasino strategy has seen NJ and ie Michigan jump from 26 & 26m first two months last year to 38m Jan & 43m this Feb. A record by 4m & in a short month.

[the white house] 18/3/2024 14:32

Paddy Power Paul Binfield said...after the 1/5 El Fabiolo defeat it was downhill for the punters and the books came out on top after a rather worrying start...

[the white house] 18/3/2024 08:29

Decent football results here & the launch promo money saw North Carolina basketball team flop at 1/3. Big result bringing payback time much earlier

[trictrac66] 15/3/2024 09:34

Thanks white house -super stats. What percentage are espn, 365 and fanatics ?

[the white house] 13/3/2024 18:58

Interesting that Ukraine are now successfully hitting and severely damaging Russian refineries resulting in Brent booming the next day (& helpfully Shell). Do you think the Ukraine treasury are buying long the Brent price in the hours before the major drone efforts take off or not, as it could help fund the next batch and a tank or two....& may encourage further similar strategy to repeat

[the white house] 13/3/2024 18:47

Cheltenham biggest jumps festival in the World and favs won 2 main races yesterday & looking like another bad day for the books today when the biggest result for the books in 25 years fav at long odds on was pulled up turning all multiples from winners to losers. Favs also lost the 3 lasted races also so a massive turn around esp for Paddy the main horse bookie

[solarman2013] 13/3/2024 16:25

Explain pls

[the white house] 13/3/2024 16:03

Wow bookies on the back foot & 1/5 fav just smashed a fence & out

[the white house] 13/3/2024 14:53

JP Morgan from a ludicrous ..neutral...belatedly go Overweight and have a price target of 213

[the white house] 13/3/2024 11:41

New York rev thus farJan 2024 109m up from 82m 2023Feb 2024 63m up from 53m.Overall 172m up from 135m for 2/3 Q

[the white house] 13/3/2024 08:20

FanDuel has taken over from the tinpot Gambet as the sole sports betting operator in the District of Columbia (Washington?)

[pughman] 13/3/2024 08:06

Strong numbers out from Arizona for Jan and Indiana for Feb, keep the positive news momentum going.