FanDuel-Owner Flutter Misses in Quarter, Gives Light Outlook

Flutter Entertainment Plc, owner of the FanDuel gambling platform in the US, reported fourth-quarter results that fell short of Wall Street estimates, the result of slower new-customer sign-ups and moderating growth in wagering.

Adjusted earnings fell to $1.74 a share, New York-based Flutter said Thursday in a , missing Wall Street estimates by a penny. Revenue, at $4.74 billion, also fell short of analysts’ forecasts.