Feb 26 (Reuters) - Flutter Entertainment PLC FLTRF.L, FLUT.N:
FLUTTER: Q4 ADJUSTED EBITDA +27% TO $832 MILLION (LSEG SMARTESTIMATE $904 MILLION ), REVENUE +25% TO $4.7 BILLION
FLUTTER: Q4 ADJUSTED U.S. EBITDA $310 MILLION (Q4 2024 $163M), Q4 INTERNATIONAL EBITDA $588 MILLION VERSUS $557 MILLION YEAR AGO (-7% EX-ACQUISTONS)
FLUTTER: FY ADJUSTED EBITDA +21% TO $2.85 BILLION (LSEG SMARTESTIMATE $2.91 BILLION), REVENUE +17% TO $16.4 BILLION
FLUTTER: FY 2026 GUIDANCE OF +4% Y/Y ADJUSTED EBITDA TO $2.97 (LSEG SMARTESTIMATE $3.5 BILLION), +12% REVENUE TO $18.4 BILLION
FLUTTER: FY 2026 U.S. GUIDANCE OF +14% Y/Y ADJUSTED EBITDA TO $1.05, +12% REVENUE TO $7.8 BILLION
FLUTTER U.S. Q4 SPORTSBOOK TRENDS ACROSS DIVERGED FROM EXPECTATIONS, DRIVING LOWER LEVELS OF CUSTOMER ENGAGEMENT INTO 2026
FLUTTER: MODERATION IN CUSTOMER ACTIVITY AND HANDLE TRENDS MORE PRONOUNCED FOR FANDUEL THAN OTHERS, CONTINUED INTO 2026
FLUTTER: STANDARD GENEROSITY PLAYBOOK PROVED LESS EFFECTIVE IN U.S. Q4, ENHANCING REWARDS INCLUDING NEW LOYALTY PROGRAMME IN Q2
FLUTTER: INTERNATIONAL OFF TO SOLID START TO 2026; SPORTS RESULTS MARGINALLY CUSTOMER-FRIENDLY BUT OTHERWISE TRENDS IN LINE WITH EXPECTATIONS
FLUTTER: US Q4 SPORTSBOOK GROSS GAMING REVENUE MARKET SHARE 41% (38% Q3), IGAMING GGR SHARE 28% (27% Q2)
FLUTTER: INCREASING INVESTMENT IN PREDICTION MARKETS, EXPECT AT UPPER END OF PREVIOUSLY GUIDED $200M TO $300M 2026 EBITDA HIT
FLUTTER: ESTIMATE POTENTIAL HANDLE GROWTH IMPACT FROM PREDICATION MARKETS ON SPORTS BETTING TO BE IN LOW SINGLE DIGITS PERCENTAGE POINTS
FLUTTER: FANDUEL PREDICTS NOW LIVE IN ALL 50 STATES WITH NON-SPORTS MARKETS, 18 INCLUDING CALIFORNIA, TEXAS, FLORIDA WITH SPORTS MARKETS
Further company coverage: FLTRF.L
(Reporting By Padraic Halpin)
((Padraic.Halpin@thomsonreuters.com;))