DraftKings Inc - Ordinary Shares - Class A

NASDAQ:DKNG   3:59:58 PM EDT
49.30
-0.76 (-1.52%)
4:50:26 PM EDT: $49.24 -0.06 (-0.12%)
Positive Earnings Pre-Announcement

Draftkings Reports Third Quarter Results And Raises 2020 Revenue Guidance

Published: 11/13/2020 12:15 GMT
DraftKings Inc (DKNG) - Draftkings Reports Third Quarter Results and Raises 2020 Revenue Guidance.
Q3 Revenue $133 Million Versus Refinitiv Ibes Estimate of $131.8 Million.
Sees FY 2020 Revenue Up 25 to 30 Percent.
Sees FY 2020 Revenue $540 Million to $560 Million.
Qtrly Monthly Unique Payers for Our B2c Segment Increased by 64% Compared to Q3 of 2019.2021 Revenue Guidance of $750 Million to $850 Million.
FY2020 Revenue View $528.5 Million -- Refinitiv Ibes Data (analyst estimates).
FY2021 Revenue View $772.6 Million -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $231.21 Million
Adjusted EPS is expected to be -$0.42

Next Quarter Revenue Guidance is expected to be $188.58 Million
Next Quarter EPS Guidance is expected to be -$0.24

More details on our Analysts Page.