DraftKings: Q2 Earnings Insights

 

DraftKings DKNG reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

DraftKings reported an EPS of $-0.29.

Revenue was up $168.58 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 8.93% drop in the share price the next day.

Here's a look at DraftKings's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.16 -0.79 -1.06 -0.52
EPS Actual -1.14 -0.80 -1.35 -0.76
Revenue Estimate 414.36M 445.18M 236.60M 242.41M
Revenue Actual 417.20M 473.32M 212.82M 297.61M

To track all earnings releases for DraftKings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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