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Stock impact report

DraftKings (DKNG) Stock Moves -1.13%: What You Should Know [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
This move was narrower than the S&P 500's daily loss of 1.2%. Meanwhile, the Dow lost 0.65%, and the Nasdaq, a tech-heavy index, lost 1.79%. Prior to today's trading, shares of the company had gained 5.84% over the past month. This has outpaced the Consumer Discretionary sector's loss of 4.46% and the S&P 500's loss of 0.85% in that time. The upcoming earnings release of DraftKings will be of great interest to investors. On that day, DraftKings is projected to report earnings of -$0.28 per share, which would represent year-over-year growth of 67.82%. Our most recent consensus estimate is calling for quarterly revenue of $1.12 billion, up 45.18% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.25 per share and a revenue of $4.82 billion, indicating changes of +85.55% and +31.51%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for DraftKings. Rec Show less Read more
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