Earnings call transcript: Nemak posts strong Q3 2026 growth as shares slip
FDJ United reported a decline in Q3 2026 revenue, with a 5.6% drop in revenue and a 2.8% decline in group gross gaming revenue (GGR) for the nine months ending in September 2026. The company attributed the weakness to higher gaming taxes, an unusual low EuroMillions jackpot cycle, and tougher sports betting conditions. Management did not report EPS or revenue forecasts for the quarter.
Share prices fell 1.45% to $21.01, near the low end of the 52-week range of $20.33 to $26.75. Despite the earnings dip, InvestingPro data suggests the stock is undervalued, with a Fair Value estimate significantly higher than the current price. The company maintained its recurring EBITDA margin target at about 23% and dividend payout ratio at at least 75% of adjusted net income.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.