DraftKings (NASDAQ:DKNG) reported its Q4 earnings results on Friday, February 18, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
DraftKings missed estimated earnings by 1.27%, reporting an EPS of $-0.8 versus an estimate of $-0.79.
Revenue was up $151.10 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.29, which was followed by a 2.37% drop in the share price the next day.
Here's a look at DraftKings's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -1.06 | -0.52 | -0.41 | -0.47 |
| EPS Actual | -1.35 | -0.76 | -0.87 | -0.68 |
| Revenue Estimate | 236.60M | 242.41M | 230.68M | 232.60M |
| Revenue Actual | 212.82M | 297.61M | 312.28M | 322.22M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
