DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling

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DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling

Barrons2022-02-18

DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.The company raised its revenue guidance for 2022 but its ...

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SCLIEW
·2022-02-22
666
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tiguru
·2022-02-20
F
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1
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Asphen
·2022-02-19
Operation losses is big
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1
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Success88
·2022-02-19
Great
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1
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koolgal
·2022-02-19
DraftKings is facing intense competition and its stock price has fallen 60% recently. 🤔
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20
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Grest
·2022-02-18
Good
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2
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YYLSG
·2022-02-18
Great ariticle, would you like to share it?
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2
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YYLSG
·2022-02-18
Good
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1
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JY_02222
·2022-02-18
Agree
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3
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SteadyDoesIt
·2022-02-18
How about doesn’t make money and no idea when will be profitable?
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1
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JeanA
·2022-02-18
Ok
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2
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MoneyCentral
·2022-02-18
Unprofitable
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2
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FookChia
·2022-02-18
Like pls
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2
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Expert126
·2022-02-18
Lol
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1
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ConanToh
·2022-02-18
togr
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1
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ckh
·2022-02-18
Please like
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CW37
·2022-02-18
tigrr
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1
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MHh
·2022-02-18
Number 2 operator and making a loss? There are many skilled and/or lucky gamblers[LOL]
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Why the Stock Is Tumbling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-18 22:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.The company raised its revenue guidance for 2022 but its ...</p>\n\n<a href=\"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DKNG","symbol_name":"DraftKings Inc.","start_time":0,"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","article_id":"1161814268","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","pubTimestamp":1645194816,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DKNG":"DraftKings Inc."},"translate_title":"DraftKings的收益超过了预期。为什么股票暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKNG":0.9},"content_text":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.The sports betting company reported an adjusted loss of 35 cents a share on revenue of $473 million in the fourth quarter, beating estimates on both fronts.Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. 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is facing intense competition and its stock price has fallen 60% recently. 🤔","listText":"DraftKings is facing intense competition and its stock price has fallen 60% recently. 🤔","text":"DraftKings is facing intense competition and its stock price has fallen 60% recently. 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094488859","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094490563,"gmtCreate":1645198156097,"gmtModify":1676534008352,"author":{"id":"3581503320247876","authorId":"3581503320247876","name":"Grest","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581503320247876","authorIdStr":"3581503320247876"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094490563","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094407320,"gmtCreate":1645197951233,"gmtModify":1676534008322,"author":{"id":"3585128891404621","authorId":"3585128891404621","name":"YYLSG","avatar":"https://static.tigerbbs.com/41bee2bd52d9d3dc3a494bc99d85290d","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3585128891404621","authorIdStr":"3585128891404621"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094407320","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094404756,"gmtCreate":1645197944161,"gmtModify":1676534008314,"author":{"id":"3585128891404621","authorId":"3585128891404621","name":"YYLSG","avatar":"https://static.tigerbbs.com/41bee2bd52d9d3dc3a494bc99d85290d","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3585128891404621","authorIdStr":"3585128891404621"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094404756","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094404809,"gmtCreate":1645197886098,"gmtModify":1676534008291,"author":{"id":"3581989267840978","authorId":"3581989267840978","name":"JY_02222","avatar":"https://static.tigerbbs.com/56c9cab1743301942105239814a6ac4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581989267840978","authorIdStr":"3581989267840978"},"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094404809","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094402980,"gmtCreate":1645197540619,"gmtModify":1676534008237,"author":{"id":"4087620073091560","authorId":"4087620073091560","name":"SteadyDoesIt","avatar":"https://static.tigerbbs.com/ab599edb0711e3b18e0dda8931ea8e4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087620073091560","authorIdStr":"4087620073091560"},"htmlText":"How about doesn’t make money and no idea when will be profitable?","listText":"How about doesn’t make money and no idea when will be profitable?","text":"How about doesn’t make money and no idea when will be profitable?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094402980","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094409387,"gmtCreate":1645196749278,"gmtModify":1676534008126,"author":{"id":"3577587999544687","authorId":"3577587999544687","name":"JeanA","avatar":"https://static.tigerbbs.com/bacc64b91297751dc5ec2ea2b291ee87","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577587999544687","authorIdStr":"3577587999544687"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094409387","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094575337,"gmtCreate":1645196103207,"gmtModify":1676534008035,"author":{"id":"4091678983335410","authorId":"4091678983335410","name":"MoneyCentral","avatar":"https://static.tigerbbs.com/b65487e9bb510d46c3ac12f7427011cb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4091678983335410","authorIdStr":"4091678983335410"},"htmlText":"Unprofitable","listText":"Unprofitable","text":"Unprofitable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094575337","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094572546,"gmtCreate":1645196027827,"gmtModify":1676534008027,"author":{"id":"3582011605223524","authorId":"3582011605223524","name":"FookChia","avatar":"https://static.tigerbbs.com/c8b4a1f99e8c51a51e93bfd003334327","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3582011605223524","authorIdStr":"3582011605223524"},"htmlText":"Like pls","listText":"Like pls","text":"Like 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2 operator and making a loss? There are many skilled and/or lucky gamblers[LOL]&nbsp;","listText":"Number 2 operator and making a loss? There are many skilled and/or lucky gamblers[LOL]&nbsp;","text":"Number 2 operator and making a loss? There are many skilled and/or lucky gamblers[LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094557974","repostId":1161814268,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":220,"commentSize":30,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}