DraftKings (DKNG) Stock Falls 15% On Q3 Earnings
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Morgan Stanley Reiterates Overweight Rating on DraftKings Inc. (DKNG)
November 4, 2022 1:08 PM EDTMorgan Stanley analyst Ed Young reiterated an Overweight rating and $30.00 price target on DraftKings Inc. (NASDAQ: DKNG) following results and the firm's thoughts on cash and guidance.
The analsyt commented, "Investor focus after DraftKings' Q3 results has been on 1/ concern around the FY23... More
DraftKings (DKNG) Reports Q3 Loss of $1.00; raises Guidance
November 4, 2022 9:51 AM EDTDraftKings (NASDAQ: DKNG) reported Q3 EPS of ($1.00), versus $0.00 reported last year. Revenue for the quarter came in at $501.94 million versus the consensus estimate of $431.02 million.
GUIDANCE:
DraftKings sees FY2022 revenue of $2.16-2.19 billion, versus the consensus of $2.14 billion.
For earnings history and earnings-related data on DraftKings (DKNG) click here.
... MoreDraftKings (DKNG) Tops Q3 Revenues; Guides Higher
November 4, 2022 7:02 AM EDTDraftKings (NASDAQ: DKNG) reported Q3 revenue $502 million versus the consensus estimate of $431.02 million.
GUIDANCE:
DraftKings sees Q4 2022 revenue of $2.16-2.19 billion, versus the consensus of $2.14 billion.
For earnings history and earnings-related data on DraftKings (DKNG) click here.
... MoreDraftKings Inc. (DKNG) PT Lowered to $35 at Cowen
November 2, 2022 8:05 AM EDTCowen analyst Stephen Glagola lowered the price target on DraftKings Inc. (NASDAQ: DKNG) to $35.00 (from $50.00) while maintaining a Outperform rating.... More
