Flutter cuts 2026 guidance and pauses buybacks
FROM THE WIRE · SEEKINGALPHA.COM
Flutter Entertainment Q3 2026: lowered guidance, Brazil impairment, and paused buybacks amid FanDuel gains.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe guidance cut and buyback pause may weigh on the shares of a major betting group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Flutter lowered 2026 guidance to $17.61 billion in revenue.
- 02Adjusted EBITDA guidance is set at $2.495 billion.
- 03The group expects $500 million in savings by 2029 and has paused buybacks.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets