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DraftKings (DKNG) Earnings Date, Estimates & Call Transcripts

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$40.35 +0.95 (+2.41%)
(As of 12/20/2024 05:45 PM ET)

DraftKings Latest Earnings Summary

Actual EPS
(Nov. 7)
-$0.60 Missed By -$0.18
Consensus EPS
(Nov. 7)
-$0.42

DraftKings announced Q3 2024 earnings on November 7, 2024, reporting an EPS of -$0.60, which missed the consensus estimate of -$0.42 by $0.18. Quarterly revenue was reported to be $1.10 billion, below the consensus estimate of $1.12 billion. With a trailing EPS of -$0.88, DraftKings' earnings are expected to grow next year, from ($0.79) to $0.42 per share.

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DKNG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

DKNG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

DraftKings Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241-$0.30-$0.30-$0.30
Q2 20241-$0.01-$0.01-$0.01
Q3 20241-$0.47-$0.47-$0.47
Q4 20241-$0.03-$0.03-$0.03
FY 20244-$0.81-$0.81-$0.81
Q1 20251-$0.09-$0.09-$0.09
Q2 20251$0.10$0.10$0.10
Q3 20251-$0.27-$0.27-$0.27
Q4 20251$0.43$0.43$0.43
FY 20254$0.17$0.17$0.17

DraftKings Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/7/2024Q3 2024-$0.42-$0.60 -$0.18-$0.60$1.12B$1.10B
8/1/2024Q2 2024-$0.01$0.12+$0.13$0.12$1.11B$1.10B
5/2/2024Q1 2024-$0.28-$0.30 -$0.02-$0.30$1.12B$1.18B
2/16/2024Q4 2023$0.06-$0.10 -$0.16-$0.10$1.24B$1.23B
11/2/2023Q3 2023-$0.69-$0.61+$0.08-$0.61$702.26M$789.96M
8/3/2023Q2 2023-$0.24-$0.17+$0.07-$0.17$762.25M$874.93M
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5/4/2023Q1 2023-$0.85-$0.87 -$0.02-$0.87$699.62M$769.65M
2/16/2023Q4 2022-$0.63-$0.53+$0.10-$0.53$799.29M$855.00M

DraftKings Earnings - Frequently Asked Questions

DraftKings (NASDAQ:DKNG) last announced its quarterly earning data on Thursday, November 7, 2024. Learn more on DKNG's earnings history.

DraftKings updated its FY 2024 earnings guidance on Thursday, November, 7th. The company issued revenue guidance of $4.9 billion-$5.0 billion, compared to the consensus revenue estimate of $5.1 billion.

In the previous quarter, DraftKings (NASDAQ:DKNG) missed the analysts' consensus estimate of ($0.42) by $0.18 with a reported earnings per share (EPS) of ($0.60). Learn more on analysts' earnings estimate vs. DKNG's actual earnings.

The conference call for DraftKings's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for DraftKings's latest earnings report can be read online.
Read Transcript

DraftKings (NASDAQ:DKNG) has a recorded annual revenue of $4.61 billion.

DraftKings (NASDAQ:DKNG) has a recorded net income of -$802.14 million. DKNG has generated -$0.88 earnings per share over the last four quarters.

DraftKings's earnings are expected to grow from ($0.79) per share to $0.42 per share in the next year.

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This page (NASDAQ:DKNG) was last updated on 12/22/2024 by MarketBeat.com Staff
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