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Stock impact report

Here's Why DraftKings (DKNG) Fell More Than Broader Market [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq lost 0.79%. The the stock of company has risen by 3.22% in the past month, leading the Consumer Discretionary sector's gain of 0.82% and undershooting the S&P 500's gain of 3.59%. Investors will be eagerly watching for the performance of DraftKings in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.02, marking a 111.76% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.11 billion, showing a 27.43% escalation compared to the year-ago quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.21 per share and revenue of $4.96 billion. These totals would mark changes of +87.86% and +35.42%, respectively, from last year. Any recent changes to analyst estimates for DraftKings should also be noted by investors. These revisions typically refle Show less Read more
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