DraftKings Raises FY23 Revenue Guidance From $3.135B-$3.235B To $3.46B-$3.54B; Consensus $3.27B
Portfolio Pulse from Benzinga Newsdesk
DraftKings has increased its FY23 revenue guidance from $3.135B-$3.235B to $3.46B-$3.54B, surpassing the consensus estimate of $3.27B.
August 04, 2023 | 2:43 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DraftKings' raised FY23 revenue guidance could positively impact its stock price in the short term.
DraftKings' raised revenue guidance for FY23 indicates strong future performance, which is likely to be viewed positively by investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100