DraftKings (DKNG) Q2 Earnings Miss Estimates

DraftKings (DKNG) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.32%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.12, delivering a surprise of -33.33%. Over the last four quarters, the company ha ...