DKNG Q4 Earnings & Revenues Miss Estimates, Stock Up on Upbeat View
DraftKings' fourth-quarter 2024 top line is aided by strong customer engagement, efficient new customer acquisition and the expansion of Sportsbook offerings.
DraftKings earnings miss overlooked as Wall Street focuses on the bigger picture
Draftkings Inc (NASDAQ:DKNG) shares climbed almost 6% after hours as investors overlooked its near-term issues to focus on the bigger picture. The online sports betting giant reported a loss of 28 cents per share on $1.39 billion in revenue, falling short of analysts' forecasts of a 17-cent loss on $1.4 billion in sales.
DraftKings (DKNG) Reports Q4 Loss, Misses Revenue Estimates
DraftKings (DKNG) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.10 per share a year ago.
DraftKings CEO Jason Robins: Lots of great tailwinds going into 2025
Jason Robins, DraftKings CEO, joins 'Closing Bell Overtime' ahead of the investor cal to talk quarterly results and what is ahead for the company.
DraftKings rallies on upbeat full-year sales outlook, which doesn't include this big event
Shares of DraftKings Inc. rose after hours Thursday after the sports-betting platform offered a more optimistic sales outlook for this year, as it moves ahead with things like live betting and deepens its push into U.S. states where betting is newly legal.
DraftKings Stock Ready For Another Post-Earnings Pop
You'd have to look far and wide to find an area of Wall Street not rattled by tariffs or Trump trade.
DraftKings Stock Ready For Another Post-Earnings Pop
You'd have to look far and wide to find an area of Wall Street not rattled by tariffs or Trump trade.
DraftKings stock nears key price ahead of earnings
DraftKings stock price has done well this year. DKNG has jumped in the last seven consecutive weeks to a high of $44, its highest point since December 9.
DraftKings Gears Up for Q4 Earnings: What's in the Offing?
DKNG's fourth-quarter 2024 top line is likely to have been aided by increased new online sportsbook and iGaming customers.
BetMGM, DraftKings score ‘most successful' Super Bowl in history as football bettors' winning streak ends
Sportsbooks were pulling for an Eagles win, and they got it, ending one of the most ‘customer-friendly' NFL seasons to date.
Eagles Thrash Chiefs in Super Bowl. Why the Result Isn't Great for DraftKings.
Sunday's Big Game was expected to have drawn a record $1.4 billion worth of bets.
Super Bowl Impact on Gambling Stocks: DKNG, FLUT, WYNN
Zach Warring discusses gaming stocks ahead of Super Bowl LIX. One of his picks is DraftKings (DKNG), which is concentrated in the U.S. vs competitor Flutter (FLUT).
