DraftKings Reports First Quarter Revenue of $1,409 Million
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DraftKings Inc. (DKNG) PT Lowered to $53 at Macquarie
May 12, 2025 10:17 AM EDTMacquarie analyst Chad Beynon lowered the price target on DraftKings Inc. (NASDAQ: DKNG) to $53.00 (from $55.00) while maintaining a Outperform rating.
The analyst comments "DKNG lowered its '25 guidance but mgmt noted that if not for a string of bad game outcomes in March, particularly with March Madness favorites going deep, the company would have been raising its '25 guidance... More
DraftKings (DKNG) Misses Q1 EPS by 8c, Updates Guidance
May 8, 2025 4:20 PM EDTDraftKings (NASDAQ: DKNG) reported Q1 EPS of $0.12, $0.08 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.46 billion.
GUIDANCE:
DraftKings sees FY2025 revenue of $6.2-6.4 billion, versus the consensus of $6.37... More
