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S&P 500   4,298.86
DOW   33,876.78
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The 4th Military Revolution is Happening (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
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Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Tax Software Specialist Vertex In Buy Zone After Base Breakout
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How to Choose a Brokerage Account or Online Broker
Will Plug Power’s Deal With Energy Vault Move The Needle? 
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
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The 4th Military Revolution is Happening (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Will NIO Partake In China's Economic Awakening?
The 4th Military Revolution is Happening (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Tax Software Specialist Vertex In Buy Zone After Base Breakout
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How to Choose a Brokerage Account or Online Broker
Will Plug Power’s Deal With Energy Vault Move The Needle? 
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
The 4th Military Revolution is Happening (Ad)
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
Will NIO Partake In China's Economic Awakening?
The 4th Military Revolution is Happening (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Tax Software Specialist Vertex In Buy Zone After Base Breakout
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How to Choose a Brokerage Account or Online Broker
Will Plug Power’s Deal With Energy Vault Move The Needle? 
Most-Upgraded StocksMost-Upgraded
NASDAQ:DKNG

DraftKings (DKNG) Earnings Date, Estimates & Call Transcripts

$24.94
-0.62 (-2.43%)
(As of 06/9/2023 ET)
Compare
Today's Range
$24.87
▼
$25.90
50-Day Range
$17.96
▼
$25.98
52-Week Range
$10.52
▼
$26.65
Volume
8.43 million shs
Average Volume
12.33 million shs
Market Capitalization
$21.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.32
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Earnings Summary

Upcoming
Earnings Date
Aug. 4Estimated
Actual EPS
(May. 4)
-$0.87 Missed By -$0.02
Consensus EPS
(May. 4)
-$0.85
Last Year's Q2 EPS
(5/6/2022)
-$1.14
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

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 Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20232($0.95)($0.92)($0.94) 
Q2 20232($0.50)($0.34)($0.42) 
Q3 20232($0.91)($0.75)($0.83) 
Q4 20232($0.20)($0.07)($0.14) 
FY 20238($2.56)($2.08) ($2.32)

DKNG Earnings Date and Information

DraftKings last issued its earnings results on May 4th, 2023. The reported ($0.87) earnings per share for the quarter, missing the consensus estimate of ($0.85) by $0.02. The firm had revenue of $769.65 million for the quarter, compared to analyst estimates of $699.62 million. DraftKings has generated ($2.90) earnings per share over the last year (($2.90) diluted earnings per share). Earnings for DraftKings are expected to grow in the coming year, from ($1.88) to ($0.82) per share. DraftKings has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, August 4th, 2023 based off prior year's report dates.

DraftKings Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/4/2023
(Estimated)		        
5/4/2023Q1 2023($0.85)($0.87)($0.02)($0.87)$699.62 million$769.65 million
2/16/2023Q4 2022($0.63)($0.53)+$0.10($0.53)$799.29 million$855.00 million    
11/4/2022Q3 2022($1.07)($1.00)+$0.07($1.00)$436.21 million$501.94 million
8/5/2022Q2 2022($0.87)($0.50)+$0.37($0.50)$438.24 million$466.19 million
5/6/2022Q1 2022($1.22)($1.14)+$0.08($1.14)$404.20 million$417.21 million    
2/18/2022Q4 2021($0.82)($0.80)+$0.02($0.80)$438.46 million$473.33 million    
11/5/20219/30/2021($1.11)($1.35)($0.24)($1.35)$224.86 million$212.82 million    
8/6/2021Q2 2021($0.61)($0.76)($0.15)($0.76)$240.84 million$297.61 million
5/7/2021Q1 2021($0.51)($0.87)($0.36)($0.87)$228.34 million$312.28 million  
2/25/202112/31/2020($0.57)($0.69)($0.12)($0.69)$232.04 million$322.00 million  
11/18/20209/30/2020($0.63)($0.98)($0.35)($0.98)$131.66 million$132.80 million  
8/14/20206/30/2020($0.15)($0.55)($0.40)($0.55)$69.97 million$70.93 million  
5/15/2020Q1 2020($0.13)$0.02+$0.15$0.02$97.50 million$88.54 million












DraftKings Earnings - Frequently Asked Questions

When is DraftKings's earnings date?

DraftKings has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, August 4th, 2023 based off last year's report dates. Learn more on DKNG's earnings history.

Did DraftKings beat their earnings estimates last quarter?

In the previous quarter, DraftKings (NASDAQ:DKNG) missed the analysts' consensus estimate of ($0.85) by $0.02 with a reported earnings per share (EPS) of ($0.87). Learn more on analysts' earnings estimate vs. DKNG's actual earnings.

How much revenue does DraftKings generate each year?

DraftKings (NASDAQ:DKNG) has a recorded annual revenue of $2.24 billion.

How much profit does DraftKings generate each year?

DraftKings (NASDAQ:DKNG) has a recorded net income of -$1.38 billion. DKNG has generated -$2.90 earnings per share over the last four quarters.

What is DraftKings's EPS forecast for next year?

DraftKings's earnings are expected to grow from ($1.88) per share to ($0.82) per share in the next year.

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This page (NASDAQ:DKNG) was last updated on 6/10/2023 by MarketBeat.com Staff

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