NEW YORK (AP) — NEW YORK (AP) — Flutter Entertainment PLC (FLUT) on Thursday reported second-quarter profit of $105 million.
On a per-share basis, the New York-based company said it had profit of 59 cents. Earnings, adjusted for amortization costs and non-recurring costs, were $2.95 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.55 per share.
The online gambling company posted revenue of $4.19 billion in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $4.22 billion.
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