Flutter Entertainment plc (NYSE:FLUT), a leader in computer programming and data processing services, announced today that it will release its second-quarter 2024 financial results on August 13, 2024. The company will host a webcast and conference call on the same day to discuss the quarterly results.
The announcement, made to comply with the United Kingdom Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, was released via the Regulatory News Service in London. This information was also disclosed in a Form 8-K filing with the United States Securities and Exchange Commission.
Flutter Entertainment, formerly known as Stars Group Inc. and Amaya Inc., is headquartered in New York, New York, with a business address at 290 Park Ave South, 14th Floor. The company, incorporated in Ireland, has its ordinary shares traded on the New York Stock Exchange under the trading symbol FLUT.
The upcoming webcast and conference call aim to provide shareholders and the investment community with detailed insights into the company's financial performance over the past quarter. The RNS Announcement dated July 30, 2024, is included as Exhibit 99.1 in the Form 8-K filing.
Investors looking to gain more information about Flutter Entertainment's financial health and performance indicators will be able to access the webcast and conference call details once they are made available. The company's commitment to transparency is evident in its adherence to regulatory requirements in both the United Kingdom and the United States.
This news article is based on a press release statement and provides a factual summary of the upcoming financial disclosure by Flutter Entertainment plc.
InvestingPro Insights
As Flutter Entertainment plc (NYSE:FLUT) prepares to unveil its quarterly financials, investors can consider several metrics and insights from InvestingPro to gauge the company's standing. With a market capitalization of $34.38 billion and a notable revenue growth of 19.29% over the last twelve months as of Q1 2024, Flutter shows a trend of increasing sales.
Despite not being profitable over the last twelve months, analysts predict that the company will turn a profit this year, reflecting optimism about its future earnings potential.
InvestingPro Tips highlight that while short-term obligations surpass liquid assets, suggesting a potential liquidity risk, the company operates with a moderate level of debt, which may offer some balance to its financial structure. Moreover, Flutter Entertainment's strong return over the last five years indicates resilience in its market performance. It is also worth noting that the company does not pay dividends, which could be a consideration for income-focused investors.
For those interested in a deeper analysis, InvestingPro offers additional tips and insights to help investors make informed decisions. Use coupon code PRONEWS24 to get up to 10% off a yearly Pro and a yearly or biyearly Pro+ subscription, and explore the 6 additional tips available on InvestingPro for Flutter Entertainment.
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