DraftKings Reports First Quarter 2021 Results and Raises 2021 Revenue Guidance

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Go back to DraftKings Reports First Quarter 2021 Results and Raises 2021 Revenue Guidance

DraftKings Inc. (DKNG) Mentioned Positively at Cannonball Research

May 7, 2021 7:44 AM EDT

Cannonball Research analyst Vasily Karasyov reiterated a Buy rating and $80.00 price target on DraftKings Inc. (NASDAQ: DKNG).

The analyst comments "A sizable upside to FY21 estimate has been a key part of the bull case. We believe the beat and raise will... More

Morgan Stanley Remains Positive on DraftKings Inc. (DKNG), 'Revenues Beat and Strength Continuing'

May 7, 2021 7:38 AM EDT

Morgan Stanley analyst Thomas Allen reiterated an Overweight rating and $66.00 price target on DraftKings Inc. (NASDAQ: DKNG)

The analyst comments "DKNG reported 1Q21earnings this morning, with another strong revenue and updated revenue guidance qtr. 1Q revenue was $312m, ~30-35% higher... More

DraftKings (DKNG) Q1 Revenue Tops Consensus, Updates FY Revenue Guidance

May 7, 2021 7:02 AM EDT

DraftKings (NASDAQ: DKNG) reported Q1 revenue of $312 million versus the consensus estimate of $236.19 million.

GUIDANCE:

DraftKings sees FY2021 revenue of $1.05-1.15 billion, versus the consensus of $1.05 billion.

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

... More