Flutter Entertainment's (FLUT) Q1 2025 EPS forecast suggests a positive outlook and potential recovery. Here's the analysis to support this conclusion:
- Strong Performance in Key Markets: Flutter's revenue exceeded expectations in the UK & Ireland, with a 4% increase, and internationally, with a 5% rise, indicating robust growth in core markets1.
- Confident FY25 Outlook: The company's confident outlook for fiscal year 2025, reaffirmed at an investor day, suggests a positive expectation for earnings recovery1.
- EBITDA Growth: Flutter has projected revenue and EBITDA growth in FY25, with the U.S. market expected to reach $1.4 billion in EBITDA, which is approximately 7% ahead of consensus1.
- Market Share and Growth Potential: Despite some moderation in sports handle growth, Flutter remains the market leader in sports betting and iGaming in the U.S., holding significant shares in both segments1.
- Analyst Ratings and Price Targets: Analysts have maintained positive ratings, with price targets ranging from $257 to $367, indicating confidence in Flutter's future performance23.
In conclusion, the EPS forecast for Q1 2025 is signaling a potential recovery due to strong revenue growth, strategic market positioning, and positive analyst sentiment.