DraftKings Inc. (NASDAQ: DKNG) Quarterly Earnings …
From Financial Modeling Prep: 2024-11-08 00:00:04
In summary, DraftKings is gearing up to announce its quarterly earnings, with an expected EPS of -$0.42 and revenue of $1.11 billion. Despite a recent loss greater than anticipated, the company has seen a 39% revenue growth year-over-year. Challenges lie ahead with a negative P/E ratio and limited cash flow, despite positive revenue projections for fiscal year 2025.
Read more at Financial Modeling Prep:: DraftKings Inc. (NASDAQ: DKNG) Quarterly Earnings …