DraftKings: Q2 Earnings Insights
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.
DraftKings Monthly Unique Players Increased 30% YoY
Monthly Unique Payers ("MUPs") increased to 1.5 million average monthly unique paying B2C customers, representing an increase of 30% compared to the second quarter of 2021. This increase
Earnings Scheduled For August 5, 2022
Companies Reporting Before The Bell
• Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.
Funko (FNKO) To Report Q2 Earnings: What To Expect?
Funko, Inc. FNKO is scheduled to report second-quarter 2022 results on Aug 4, 2022, after the market closes. In the last reported quarter, the company delivered an earnings surprise of 70%.
What 10 Analyst Ratings Have To Say About DraftKings
Over the past 3 months, 10 analysts have published their opinion on DraftKings (NASDAQ:DKNG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Why Bank Stocks Traded Sharply Higher; Here’s 65 Biggest Movers From Friday
Gainers
United Maritime Corporation (NASDAQ: USEA) shares climbed 175.9% to close at $6.07 on Friday. United Maritime, on Tuesday, announced acquisition of four oil tankers and filed for stock offering on Wednesday.
Players Leaving PGA Tour For LIV Golf ‘Turned Their Back’ On Sport, Tiger Woods Says Ahead Of British Open
Tiger Woods is sharing his hot takes of the battle between the PGA Tour and LIV Golf series ahead of the sport’s British Open tournament. Here’s what Tiger Woods has to say about LIV Golf and the players that are collecting record money to join the new league.
What NFL Team Is Paying An Opposing Quarterback $617K To Try And Beat It In Week 1?
A former Heisman Trophy-winning quarterback and number one overall NFL draft pick got his wish to be traded to a new team recently.
The bigger storyline could be that this quarterback will now face his former team in week one of the 2022 NFL season and will get paid a hefty sum to try and beat them.
‘Speaking at a conference of state legislators and gaming industry officials Friday, DraftKings CEO Jason Robins said “rapid inflation” and the potential for a “prolonged economic downturn”…’ -Sports Gambling Reporter
https://twitter.com/ButlerBets/status/1545483136187916288
Citigroup Maintains Buy on DraftKings, Lowers Price Target to $20
Citigroup analyst Jason Bazinet maintains DraftKings (NASDAQ:DKNG) with a Buy and lowers the price target from $26 to $20.