DraftKings Stock Before Q3 Earnings: Should You Buy, Hold or Sell?

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 ...