DraftKings (DKNG) Reports Q4 Loss, Tops Revenue Estimates

DraftKings (DKNG) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.06. This compares to loss of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -266.67%. A quarter ago, it was expected that this company would post a loss of $0.69 per share when it actually produced a loss of $0.61, delivering a surprise of 11.59%.Over the last four quarters, the company has surpassed consensus E ...