DraftKings DKNG reported its Q3 earnings results on Friday, November 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
DraftKings beat estimated earnings by 3.85%, reporting an EPS of $-1.0 versus an estimate of $-1.04.
Revenue was up $289.12 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 9.78% increase in the share price the next day.
Here's a look at DraftKings's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | -0.83 | -1.16 | -0.79 | -1.06 |
EPS Actual | -0.50 | -1.14 | -0.80 | -1.35 |
Revenue Estimate | 435.14M | 414.36M | 445.18M | 236.60M |
Revenue Actual | 466.19M | 417.20M | 473.32M | 212.82M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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