Flutter: JMP Securities Maintains Market Outperform with PT Lowered to $317

AinvestMonday, Apr 14, 2025 8:48 am ET

1min read

FLUT +0.30%

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rubiyan

04/14

$DKNG How tough was March Madness for sportsbooks? JMP Securities thinks DraftKings lost $75M in EBITDA and FLUTter (FanDuel) $110M. JMP predicts both will miss Q1 earnings but sees Q2 as a “layup” due to reduced promo spending and simpler comparisons.

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