share_log

DraftKings Q3 Earnings Preview: Analyst Estimates, Key Items To Watch, NFL Impact, What's Next

Benzinga ·  Oct 30, 2023 13:25

Sports betting companyDraftKings Inc(NASDAQ:DKNG) will report third-quarter financial results after market close Thursday, Nov. 2.

Here's a look at the key earnings estimates and what analysts were saying ahead of the report, along with several key items for investors to watch.

Earnings Estimates:Analysts expected DraftKings to report third-quarter revenue of $685.21 million, according to data from Benzinga Pro.

The company reported revenue of $501.94 million in the last third quarter. DraftKings had beaten revenue estimates from analysts in seven straight quarters.

Analysts estimate DraftKings would report a loss of 70 cents per share in the third quarter...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment