Investing.com - Flutter Entertainment reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Flutter Entertainment announced earnings per share of £-0.5 on revenue of £1.57B. Analysts polled by Investing.com anticipated EPS of £123.41 on revenue of £2,615M.
Flutter Entertainment shares are up 3% from the beginning of the year, still down 29.12% from its 52 week high of £19,680.80 set on March 19. They are under-performing the FTSE 100 which is up 10.84% from the start of the year.
Flutter Entertainment follows other major Services sector earnings this month
Flutter Entertainment's report follows an earnings missed by Relx on July 29, who reported EPS of £0.34 on revenue of £3.39B, compared to forecasts EPS of £40.30 on revenue of £3,430M.
WPP had matched expectations on August 5 with second quarter EPS of £0.28 on revenue of £2.57B, compared to forecast for EPS of £0.28 on revenue of £2.62B.
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