DraftKings Reports Third Quarter Results and Raises 2020 Revenue Guidance
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Canaccord Genuity Reiterates Buy Rating on DraftKings Inc. (DKNG)
November 16, 2020 7:36 AM ESTCanaccord Genuity analyst Michael Graham reiterated a Buy rating and $65.00 price target on DraftKings Inc. (NASDAQ: DKNG) following the company's 3Q earnings report. DraftKings reported strong results for Q3, following an early view of metrics provided in October. DraftKings reported... More
Benchmark Reiterates Buy Rating on DraftKings Inc. (DKNG)
November 16, 2020 7:33 AM ESTBenchmark analyst Mike Hickey reiterated a Buy rating and $60.00 price target on DraftKings Inc. (NASDAQ: DKNG) following the company's 3Q report.
Benchmark raised FY20 revenue guidance and initiated a better than consensus FY21 revenue estimate at the midpoint.
For an analyst... More
DraftKings (DKNG) Q3 Revenue Tops Consensus, Raises FY20 Revenue Guidance and Issues FY21
November 13, 2020 7:03 AM EST(Updated - November 13, 2020 7:13 AM EST, update includes EPS not announced in original press release)
DraftKings (NASDAQ: DKNG) reported Q3 EPS of ($0.98) vs the estimate of ($0.61) on revenue of $133 million versus the consensus estimate of $131.75 million.
GUIDANCE:
DraftKings sees FY2020 revenue of $540-560 million, versus the consensus of $528.5 million.
DraftKings sees FY2021 revenue of $750-850 million, versus the... More
