DraftKings (DKNG) to Report Q1 Earnings: What's in Store?

DraftKings (DKNG) is set to report first-quarter 2024 results on May 2.The Zacks Consensus Estimate for revenues is pegged at $1.13 billion, indicating an increase of 46.24% from the year-ago quarter’s levels.The Zacks Consensus Estimate is pegged at a loss of 28 cents per share, which has remained unchanged in the past 30 days.The company’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing the same twice, delivering an average negative surprise of 57.07%.Let’s se ...