Investing.com - Flutter Entertainment reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Flutter Entertainment announced earnings per share of £0.18 on revenue of £1.54B. Analysts polled by Investing.com anticipated EPS of £-54.33 on revenue of £602.55M.
Flutter Entertainment shares are down 37% from the beginning of the year and are trading at £12,475.0 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.85% 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 Rentokil on July 30, who reported EPS of £0.03 on revenue of £1.29B, compared to forecasts EPS of £3.93 on revenue of £1,268M.
Intertek had missed expectations on July 31 with second quarter EPS of £0.81 on revenue of £1.33B, compared to forecast for EPS of £55.07 on revenue of £462.4M.
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