DraftKings Inc. (DKNG) reported tepid third-quarter 2024 results with earnings and revenues missing the Zacks Consensus Estimate. However, both top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company’s third-quarter results were driven by the return of NFL and college football. With major sports events aligning on the calendar, DraftKings is positioned to build on this momentum. DKNG plans to enhance its top-ranked sportsb ...

DraftKings Inc DKNG analysts highlight the long-term outlook and opportunities after the company lowered fourth-quarter and full-year guidance Thursday. Benchmark analyst Mike Hickey reiterated a Buy rating with a $44 price target. Needham analyst Bernie McTernan reiterated a Buy rating with a $60 price target. Truist analyst Barry Jonas reiterated a Buy rating with a $50 price target. Bank of America analyst Shaun C. Kelley reiterated a Buy rating with a $50 price target. Read Also: DraftKings Q3 Earnings ...

| 1 Q3 2024 EARNINGS PRESENTATION November 7, 2024 Legal Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including statements about DraftKings Inc. ("DraftKings", the "Company", "we", "us" and "our") and its industry that involve substantial risks and uncertainties. All statements, other than statements of historical fact, ...

DraftKings Inc. (NASDAQ:DKNG) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Alan Ellingson - CFO Jason Robins - Co-Founder & CEO Conference Call Participants Shaun Kelley - Bank of America David Katz - Jefferies Robin Farley - UBS Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Ben Miller - Goldman Sachs Stephen Grambling - Morgan Stanley Benjamin Chaiken - Mizuho Clark Lampen - BTIG Joe Stauff - Susquehanna Dan Politzer - Wells Fargo Brandt Montour - Barclays Jed K ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________. Commission file number 001-41379 DRAFTKINGS INC. (Exact name of registrant as specified in its charter) Nevada 87-2764212 (State or other j ...

Exhibit 10.1 _________________________ EXECUTION VERSION CREDIT AGREEMENT dated as of November7, 2024 among DRAFTKINGS INC., as Parent and a Borrower, DK CROWN HOLDINGS INC., GOLDEN NUGGET ONLINE GAMING,INC., JACKPOCKET LLC, as Borrowers, the Lenders and Issuing Banks party hereto and MORGAN STANLEY SENIOR FUNDING,INC., as Administrative Agent and Collateral Agent, MORGAN STANLEY SENIOR FUNDING,INC., BOFA SECURITIES,INC., CITIBANK, N.A., CITIZENS BANK, N.A. GOLDMAN SACHS BANK USA, JPMORGAN CHASE BANK, N.A., ...

DraftKings (DKNG) came out with a quarterly loss of $0.60 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -42.86%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced earnings of $0.12, delivering a surprise of 500%.Over the last four quarters, the company has surpassed co ...

In a Thursday interview with CNBC's Jim Cramer, DraftKings CEO Jason Robins said the online sports betting industry is at a turning point as more people across the country realize they can gamble legally."We're at a very, you know, important inflection point in the industry," Robins said. "Most people assume that it's legal in most states now if not all. And we're just seeing a lot of great growth."DraftKings cut its full-year guidance for 2024 when it reported Thursday after the close, sending shares down ...

BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced results for the third quarter of 2024. The Company also posted a third quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Third Quarter 2024 Highlights For the three months ended September 30, 2024, DraftKings reported revenue of $1,095 million, an increase of $306 million, or 39%, compared to $790 millio ...

DraftKings Inc. (DKNG) is scheduled to report third-quarter 2024 results on Nov. 7, after the closing bell. In the last reported quarter, the company registered an earnings surprise of 500%.DKNG’s Estimates Trend UpwardThe Zacks Consensus Estimate for third-quarter adjusted loss per share has narrowed to 42 cents from 43 cents in the past 30 days. In the prior-year quarter, the company had reported an adjusted loss per share of 61 cents. For revenues, the consensus mark is pegged at $1.12 billion, suggestin ...