06:50 AM EDT, 03/26/2024 (MT Newswires) -- Flutter Entertainment ( FLUT ) , an online sports betting and gaming operator, reported 2023 adjusted earnings early Tuesday of $3.51 per diluted share, up from $2.79 a year earlier.

One analyst polled by Capital IQ expected $2.44.

Revenue for the quarter that ended Dec. 31 was $11.79 billion, up from $9.46 billion a year earlier.

The company expects US revenue of $5.8 billion to $6.2 billion in 2024, up more than 36% year-on-year at the midpoint. Group sales excluding the US are seen at $7.65 billion to $8.05 billion, a 6.3% jump.

Shares of the company traded 1.8% higher in premarket activity.

Price: 220.84, Change: +3.84, Percent Change: +1.77