NEW YORK (AP) — NEW YORK (AP) — Flutter Entertainment PLC (FLUT) on Wednesday reported first-quarter earnings of $218 million.
The New York-based company said it had net income of $1.23 per share. Earnings, adjusted for one-time gains and costs, were $1.22 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The online gambling company posted revenue of $4.3 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $4.28 billion.
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