DraftKings (DKNG) Reports Q4 Loss, Misses Revenue Estimates
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DraftKings (DKNG) reported a Q4 loss of $0.28 per share, missing the Zacks Consensus Estimate of a $0.19 loss. This is a larger loss compared to the $0.10 per share loss from the previous year.
February 14, 2025 | 12:00 am
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DraftKings reported a larger-than-expected Q4 loss of $0.28 per share, missing the consensus estimate of $0.19 and increasing from last year's $0.10 loss.
The larger-than-expected loss and the increase in loss compared to the previous year are likely to negatively impact investor sentiment, leading to short-term downward pressure on DKNG's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100