Flutter Entertainment plc (OTCMKTS:PDYPY) Expected to Earn FY2023 Earnings of $2.61 Per Share

Flutter Entertainment plc (OTCMKTS:PDYPYGet Rating) – Equities research analysts at Jefferies Financial Group lifted their FY2023 EPS estimates for shares of Flutter Entertainment in a report issued on Sunday, March 12th. Jefferies Financial Group analyst J. Wheatcroft now expects that the company will post earnings per share of $2.61 for the year, up from their prior forecast of $2.45. The consensus estimate for Flutter Entertainment’s current full-year earnings is $2.37 per share. Jefferies Financial Group also issued estimates for Flutter Entertainment’s FY2024 earnings at $3.54 EPS and FY2025 earnings at $4.39 EPS.

PDYPY has been the topic of a number of other reports. Morgan Stanley boosted their target price on shares of Flutter Entertainment from £161 ($196.22) to £164 ($199.88) in a report on Friday, March 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Flutter Entertainment from £151.47 ($184.61) to £161.16 ($196.42) in a research report on Wednesday, January 18th. Craig Hallum began coverage on shares of Flutter Entertainment in a research report on Friday, January 27th. They issued a “buy” rating for the company. JPMorgan Chase & Co. decreased their price objective on shares of Flutter Entertainment from £159 ($193.78) to £151 ($184.03) in a report on Friday, March 3rd. Finally, Berenberg Bank upped their target price on shares of Flutter Entertainment from £138 ($168.19) to £160 ($195.00) in a research note on Tuesday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $15,723.20.

Flutter Entertainment Stock Up 2.9 %

Flutter Entertainment stock opened at $85.99 on Tuesday. Flutter Entertainment has a 12-month low of $43.71 and a 12-month high of $86.12. The firm’s fifty day moving average price is $79.07 and its 200 day moving average price is $69.67.

About Flutter Entertainment

(Get Rating)

Flutter Entertainment Plc is engaged in the business of online betting and gaming. It operates through the following segments: PPB Online, Australia, PPB Retail, U.S, and Corporate. The PPB Online segment comprises of Paddy Power, Betfair, and Adjarabet brands. The Australia segment focuses on sports betting services provided to Australian customers using internet with a small proportion using the public telephony system.

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Earnings History and Estimates for Flutter Entertainment (OTCMKTS:PDYPY)

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