Flutter Q2 Likely to Show Some Top-Line Noise, Wedbush Says

MT Newswires Live

Jul 31

Flutter Entertainment (FLUT) is expected to show favorable underlying trends amid some top-line noise in Q2, Wedbush said in a Thursday preview note. The results are due Aug. 5.

The report said the company is likely to deliver above-consensus handle, but slightly below-consensus revenue and EBITDA.

While sports results are likely a bigger revenue drag than expected, US handle is expected to return to Q2 growth and online sports betting share trends will likely show modest sequential improvement, and into the start of Q3, the note said.

"Despite our reduced estimates, we do not see risk the FLUT will

lower its already conservative guidance," the report said.

The report said positive detail and incremental disclosure on FanDuel Predicts and its market-making initiatives during the World Cup could help investors gain some confidence.

Wedbush kept its outperform rating with a $138 price target.

Price: 102.16, Change: -5.62, Percent Change: -5.22

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2655948804"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2655948804\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2655948804?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-31 00:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2655948804","market":"nz","top_or_hot":-1,"title":"Flutter Q2 Likely to Show Some Top-Line Noise, Wedbush Says","media":"MT Newswires Live","content":"<html><body><p> Flutter Entertainment (FLUT) is expected to show favorable underlying trends amid some top-line noise in Q2, Wedbush said in a Thursday preview note. The results are due Aug. 5.</p><p>The report said the company is likely to deliver above-consensus handle, but slightly below-consensus revenue and EBITDA.</p><p>While sports results are likely a bigger revenue drag than expected, US handle is expected to return to Q2 growth and online sports betting share trends will likely show modest sequential improvement, and into the start of Q3, the note said.</p><p>\"Despite our reduced estimates, we do not see risk the FLUT will</p><p>lower its already conservative guidance,\" the report said.</p><p>The report said positive detail and incremental disclosure on FanDuel Predicts and its market-making initiatives during the World Cup could help investors gain some confidence.</p><p>Wedbush kept its outperform rating with a $138 price target.</p><p>Price: 102.16, Change: -5.62, Percent Change: -5.22</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Flutter Q2 Likely to Show Some Top-Line Noise, Wedbush Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlutter Q2 Likely to Show Some Top-Line Noise, Wedbush Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-31 00:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Flutter Entertainment (FLUT) is expected to show favorable underlying trends amid some top-line noise in Q2, Wedbush said in a Thursday preview note. The results are due Aug. 5.</p><p>The report said the company is likely to deliver above-consensus handle, but slightly below-consensus revenue and EBITDA.</p><p>While sports results are likely a bigger revenue drag than expected, US handle is expected to return to Q2 growth and online sports betting share trends will likely show modest sequential improvement, and into the start of Q3, the note said.</p><p>\"Despite our reduced estimates, we do not see risk the FLUT will</p><p>lower its already conservative guidance,\" the report said.</p><p>The report said positive detail and incremental disclosure on FanDuel Predicts and its market-making initiatives during the World Cup could help investors gain some confidence.</p><p>Wedbush kept its outperform rating with a $138 price target.</p><p>Price: 102.16, Change: -5.62, Percent Change: -5.22</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ51526630.SGD","symbol_name":"大华环球创新基金A Acc SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655948804","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655948804","pubTimestamp":1785427341,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Flutter Entertainment  is expected to show favorable underlying trends amid some top-line noise in Q2, Wedbush said in a Thursday preview note. The results are due Aug. 5.The report said the company is likely to deliver above-consensus handle, but slightly below-consensus revenue and EBITDA.While sports results are likely a bigger revenue drag than expected, US handle is expected to return to Q2 growth and online sports betting share trends will likely show modest sequential improvement, and into the start of Q3, the note said.\"Despite our reduced estimates, we do not see risk the FLUT willlower its already conservative guidance,\" the report said.The report said positive detail and incremental disclosure on FanDuel Predicts and its market-making initiatives during the World Cup could help investors gain some confidence.Wedbush kept its outperform rating with a $138 price target.Price: 102.16, Change: -5.62, Percent Change: -5.22","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU0575583348.USD":"SCHRODER ISF UK EQUITY \"A\" (USD) INC AV","BK4150":"赌场与赌博","ODDS":"Pacer BlueStar Digital Entertainment ETF","FLUT":"Flutter Entertainment PLC","LU1015430645.USD":"SCHRODER ISF UK EQUITY \"A\" (USDHDG) ACC","BETZ":"Roundhill Sports Betting & iGaming ETF","ODDZ":"Corgi Sports Betting & Gambling ETF","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H"},"translate_title":"Wedbush 表示，Flutter Q2 可能会显示出一些顶线噪音","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ODDS":0.6,"BETZ":0.6,"FLUT":1,"ODDZ":0.6},"content_text":"Flutter Entertainment (FLUT) is expected to show favorable underlying trends amid some top-line noise in Q2, Wedbush said in a Thursday preview note. The results are due Aug. 5.The report said the company is likely to deliver above-consensus handle, but slightly below-consensus revenue and EBITDA.While sports results are likely a bigger revenue drag than expected, US handle is expected to return to Q2 growth and online sports betting share trends will likely show modest sequential improvement, and into the start of Q3, the note said.\"Despite our reduced estimates, we do not see risk the FLUT willlower its already conservative guidance,\" the report said.The report said positive detail and incremental disclosure on FanDuel Predicts and its market-making initiatives during the World Cup could help investors gain some confidence.Wedbush kept its outperform rating with a $138 price target.Price: 102.16, Change: -5.62, Percent Change: -5.22","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}