DraftKings (DKNG) Tops Q4 EPS by 7c, Guidance Misses
DraftKings (NASDAQ: DKNG) reported Q4 EPS of $0.25, $0.07 better than the analyst estimate of $0.18. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $1.98 billion.
GUIDANCE:
DraftKings sees FY2026 revenue of $6.5-6.9 billion, versus the consensus of $7.32 billion.
- DraftKings is introducing a fiscal year 2026 revenue guidance range of $6.5 billion to $6.9 billion and a fiscal year 2026 Adjusted EBITDA guidance range of $700 million to $900 million. The Company’s guidance ranges reflect expected investment in DraftKings Predictions, line-of-sight jurisdictions launches, and disciplined planning as business conditions evolve. The Company assumes state tax rates will remain consistent with where they are today.
- The Company’s guidance ranges for fiscal year 2026 exclude potential variance related to sport outcomes and therefore does not include the modest benefit from year-to-date sport outcomes.
For earnings history and earnings-related data on DraftKings (DKNG) click here.
