DraftKings (DKNG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

DraftKings (DKNG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +82.4%. Inve ...