Shares of Flutter Entertainment (FLUT) traded at an all-time high Wednesday as the parent of sports gambling site FanDuel beat revenue estimates and boosted its guidance as it benefited from demand for wagering on🎀 National Football League games.

Flutter reported third-quarter revenue was up 27% year-over-year to $3.25 billion, ahead of the consensus estimate of $3.10 billion by analysts polled by Visible Alpha. Adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.43 came in below expectations of $0.52. Average monthly players (AMP) increased 16% to 12.9 million, with U.S. AMP higher by 28%.

US Revenue Soars 51%

Revenue in the U.S. jumped 51% to $1.25 billion. The company noted that the gain in both revenue and AMP was powered by a "strong start to NFL season driven by new product launches and favorable Q3 sports results combined with continued iGaming strength." 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Peter Jackson noted that peak be💎ts p🐷er minute on NFL games were "already higher than Super Bowl LVII" last February.

Revenue from a🦂ll other countries where🌟 Flutter does business rose as well. 

The company raised its overall full-year outlook for both revenue and adjusted earnings before interest, taxes, depreciation, and amꩵortization (EBITDA) by 1%, reflecting gains outside the U.S. It explained that in the U.S., it was lowering its revenue mid-point revenue by 1% and adjusted EBITDA by 4🤪% "as positive Q3 performance has subsequeꦑntly been more than offset by unfavorable sports results in Q4 to date."

Flutter Entertainment shares recently were up more than 6% at $263.48 after earlier touching a record $266.19. They have risen 47% year-to-date.