DraftKings Q3 Earnings & Revenues Miss Estimates, Stock Down

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 ...