DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
DraftKings Plunges on 2027 Forecast That Misses Estimates
DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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