DraftKings (NASDAQ:DKNG) reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
DraftKings reported an EPS of $-0.29.
Revenue was up $168.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 8.93% drop in the share price the next day.
Here’s a look at DraftKings’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -1.16 | -0.79 | -1.06 | -0.52 |
| EPS Actual | -1.14 | -0.80 | -1.35 | -0.76 |
| Revenue Estimate | 414.36M | 445.18M | 236.60M | 242.41M |
| Revenue Actual | 417.20M | 473.32M | 212.82M | 297.61M |
To track all earnings releases for DraftKings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
