DKNG beat EPS expectations by 20.99%
May 10, 2025, 10:34 AM
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What does DKNG do
DraftKings, headquartered in Boston, offers online sports betting, casino games, and daily fantasy sports across 27 U.S. states and Ontario, Canada, employing 4,400 staff since its IPO in July 2019. The company also owns Jackpocket, a digital lottery app, and operates multiple media platforms for content delivery.
DraftKings (DKNG) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, DraftKings's actual EPS was -$0.07, beating the estimate of -$0.09 per share, resulting in a 20.99% surprise.
📡️ Consumer Discretionary
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