DraftKings (DKNG) Tops Q3 EPS by 25c; cuts 2024 guidance

DraftKings (NASDAQ: DKNG) reported Q3 EPS of ($0.17), $0.25 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.11 billion.

GUIDANCE:

DraftKings sees FY2024 revenue of $4.85-4.95 billion, versus the consensus of $5.14 billion.

DraftKings sees FY2025 revenue of $6.2-6.6 billion, versus the consensus of $6.27 billion.

For earnings history and earnings-related data on DraftKings (DKNG) click here.

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