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Browsing: Earnings
Flutter Entertainment’s second quarter results were met with a significant negative market reaction, reflecting investor concerns about profitability despite solid revenue growth. Management pointed to deliberate investments in the U.S. business—especially increased customer promotions and the rollout of an expanded loyalty program—as factors that weighed on near-term earnings. CEO Peter Jackson acknowledged, “We recognize that…
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Seaport Entertainment posted its first positive operating EBITDA and adjusted net income: Second-quarter operating EBITDA reached $4.5 million, up from a $1.1 million loss, while adjusted net income was $320,000 versus a $7.4 million loss a year earlier.
WEBTOON ENTERTAINMENT ($WBTN) is expected to release its quarterly earnings data on Monday, August 10th after market close, per Finnhub. Analysts are expecting revenue of $346,249,710 and earnings of -$0.07 per share.
Flutter lowered its full-year outlook after Q2 adjusted EBITDA fell 45% and the company posted a $296 million net loss, citing higher U.K. gaming taxes, one-time tax costs, customer-friendly U.S. sports results and planned investment. Revenue guidance was reduced by $395 million to $17.91 billion, while adjusted EBITDA guidance fell by $210 million to $2.655…
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PENN Entertainment (PENN) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.
For the quarter ended June 2026, PENN Entertainment (PENN) reported revenue of $1.86 billion, up 5.2% over the same period last year. EPS came in at $0.44, compared to $0.10 in the year-ago quarter.