Online sports betting firm Flutter (FLTR) swung to a loss for FY25 and issued disappointing guidance for FY26. The shares slid 11% to £80.80, taking losses for 2026 to more than 40% and leaving them at a three-year low. Share price: £80.80 (-11%)PE: n/aMarket cap: £14.4bnYield: n/a Double disappointment Group revenue for FY25 was $16.38 billion, up 17% on FY24 but below the most recent guidance of $16.69 billion. Meanwhile, EBITDA was $2.84 billion, up 21% but again below the last official guidance of $2.91 billion. At the bottom line, Flutter swung from a net profit of $162 million to…

Shares in Hikma Pharmaceuticals (HIK) tumbled 16% after the company posted a disappointing FY26 sales and profit outlook. The FTSE 100 stock dropped to £13.87 on the update, its lowest level in more than three years. Share price: £13.87 (-16%)PE: 11.1xMarket cap: £3bnYield: 3.6% Guidance disappoints The company, which makes treatments for cardiovascular diseases, infections, cancers and diabetes, made the forecasts alongside its FY25 results. It also unveiled senior leadership changes intended to give the group ‘more agility and greater accountability’. For FY25, the firm reported sales of $3.35 billion, up 7% and in line with market expectations. Core operating…

Shares in WPP (WPP) fell 8% to a new low of 250p after it published weak FY25 results and announced a strategic overhaul. Today’s drop took the global media group’s stock price to its lowest level in almost three decades. Share price: 250p (-8%)PE: 7.5xMarket Cap : £2.8bnYield: 6% Large writedowns For 2025, WPP posted a 10.4% drop in revenue less pass-through costs to £10.1 billion. Reported operating profit dropped a whopping 71% to £382 million due to sizeable goodwill and property impairment charges. New CEO Cindy Rose put the results down to ‘excessive organisational complexity, a lack of an…

Shares in LSE Group (LSEG) gained 4.8% to £81.66 after the firm raised its medium-term growth targets and its share buyback. The news came alongside results for FY25 showing steady if unspectacular growth across the business. Share price: £81.66 (+4.8%)PE: 19.4xMarket cap: £38.8bnYield: 1.8% Small earnings beat The group, which owns the London Stock Exchange, posted a 5.5% increase in total revenue to £9.35 billion last year. That matched the company-compiled consensus of £9.34 billion, while adjusted EPS of 420p beat the 415p forecast. Revenue from Data & Analytics, which accounts for over 40% of group income, increased by 5%…

Construction and fit-out firm Morgan Sindall (MGNS) posted forecast-beating earnings and raised targets for two of its divisions. Less than a fortnight ago the company increased its FY26 financial guidance thanks to its record forward order book. Share price: £51.70 (-3%)PE: 14xMarket cap: £2.5bnYield: 3% Record order book For FY25, Morgan Sindall reported adjusted pre-tax profit of £233 million, up 35% on the previous year. Adjusted EPS increased by 33% to 370p, comfortably ahead of the 355p/share consensus. Group revenue increased 10% to £5 billion thanks to a particularly strong result in Fit-Out, where revenue rose 37%. Construction also put…

Shares in HSBC (HSBA) gained 4% to £13.45 despite the global banking group posting a 7% drop in FY25 earnings. The bank took a swathe of charges last year for asset writedowns, legal provisions, restructuring and related costs. Share price: £13.45 (+4.2%)PE: 19.3xMarket cap: £233bnYield: 3.7% Beating and raising After a strong FY24, when pre-tax profit was helped by $1 billion of one-offs, FY25 pre-tax profit was $29.9 billion. That marked a 7.4% drop on the previous year but was still comfortably above the $28.9 billion consensus. The bank took $4.9 billion of negative items including a $2.1 billion writedown…

US home improvement retailer Home Depot (HD) posted forecast-beating Q4 results and confirmed its current-year earnings guidance. Analysts had expressed concern the company might struggle due to consumer uncertainty and a weak housing market. Share price: $389 (+3.2%)PE: 25xMarket cap: $390bnYield: 2.4% ‘Steady demand’ For the three months to 1 February, the firm reported sales of $38.2 billion, down 3.8% on the previous year. However, it was good enough to beat the Wall Street consensus of $38.09 billion which is what mattered. Also, Q4 2025 consisted of 13 weeks against 14 a year earlier, so on a LFL basis sales…

Shares in student accommodation provider Unite Group (UTG) fell 9% after the company warned earnings would fall in FY26. The group said it had seen falling demand for university places, in particular from overseas students. Double trouble Unite reported a 9% increase in adjusted earnings to £232 million for FY25, which CEO Joe Lister called ‘robust’. While trading was strong in most areas, the firm noted weaker demand in some cities for the 2025/26 academic year. Rent for 2025/26 rose 4% against an 8.2% rise for the previous academic year. Also disappointing, the occupancy rate dropped to 95.2% against 97.5%…

Asia and Africa-focused bank Standard Chartered (STAN) announced a $1.5 billion share buyback and a 65% dividend hike. However, the news was overshadowed by Q4 and FY results which marginally missed market expectations sending the shares lower. Share price: £17.92 (-1.2%)PE: 13xMarket cap: £40.75bnYield: 1.6% Strong underlying results According to CEO Bill Winters, 2025 was ‘another year of strong momentum’ for the bank. ‘We’re seeing robust growth in our larger markets, and structural shifts in global trade and investment play to our strengths’, added Winters. For the full year, the bank posted a 6% increase in operating income to $20.9…

Shares in chemicals firm Johnson Matthey (JMAT) slid 14% to £19.70 after Honeywell (HON) cut its offer for JM’s catalyst unit. The two companies also extended the ‘long stop’ date to get the deal done from 21 February to 21 July. Share price: £19.70 (-14%)PE: n/aMaket cap: £3.28bnYield: 4% Lower capital returns Honeywell had originally agreed on a £1.8 billion price tag for JM’s Catalyst Technologies business. However, the US firm amended its offer to £1.325 billion based on the division’s weak performance last year. The catalyst business suffered the deferral of key licensing projects and reduced profitability due to…