Flutter Entertainment Q1 Revenue Up 17%

Flutter Entertainment posted Q1 revenue of $4.3 bn, a 17% YoY increase, beating consensus $4.25 bn.
Adjusted EPS came in at $1.22, slightly below the $1.24 estimate, while shares rose 3.4% on the topline beat.
U.S. revenue reached $1.8 bn (+6% YoY) with sportsbook up 1% and iGaming up 19%, retaining top market shares.
Dan Taylor named President overseeing FanDuel and Christian Genetski to lead U.S. business; FY2026 guidance cut to $18.3 bn revenue, $2.9 bn EBITDA.