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
Reply
1
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Asphen
·2022-02-19
Operation losses is big
Reply
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
Reply
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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SanWan
·2022-02-18
Ok
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2
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Natlow
·2022-02-18
Ok
Reply
4
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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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9
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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,"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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Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. 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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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9097986485,"gmtCreate":1645317272436,"gmtModify":1676534017441,"author":{"id":"3581713302392824","authorId":"3581713302392824","name":"tiguru","avatar":"https://static.tigerbbs.com/95800411cd10450bf31ccbab2743ae25","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"F","listText":"F","text":"F","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097986485","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094769474,"gmtCreate":1645237737338,"gmtModify":1676534012006,"author":{"id":"3576339097425722","authorId":"3576339097425722","name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"Operation losses is big&nbsp; &nbsp; &nbsp;","listText":"Operation losses is big&nbsp; &nbsp; &nbsp;","text":"Operation losses is big","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094769474","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094797438,"gmtCreate":1645233378501,"gmtModify":1676534011191,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094797438","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094488859,"gmtCreate":1645220197512,"gmtModify":1676534009180,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1},"htmlText":"DraftKings 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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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":2,"crmLevelSwitch":0},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094572546","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094570135,"gmtCreate":1645195137414,"gmtModify":1676534007792,"author":{"id":"3554886109685293","authorId":"3554886109685293","name":"Expert126","avatar":"https://static.tigerbbs.com/2d4304f2ec7fabd9d599a3ba8b2a17e0","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094570135","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094570936,"gmtCreate":1645195103178,"gmtModify":1676534007776,"author":{"id":"3578621924333526","authorId":"3578621924333526","name":"ConanToh","avatar":"https://static.tigerbbs.com/17bf1e09858b72f85e5e8efda2fbed84","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"togr","listText":"togr","text":"togr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094570936","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094547206,"gmtCreate":1645195032454,"gmtModify":1676534007760,"author":{"id":"3568200501659310","authorId":"3568200501659310","name":"ckh","avatar":"https://static.tigerbbs.com/046085c4c23df63d33eb436617a32ed6","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094547206","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094547620,"gmtCreate":1645195014497,"gmtModify":1676534007768,"author":{"id":"4087473897023050","authorId":"4087473897023050","name":"CW37","avatar":"https://static.tigerbbs.com/8017b0b5389b68d3666c7996d3950287","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"tigrr","listText":"tigrr","text":"tigrr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094547620","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094547834,"gmtCreate":1645195000801,"gmtModify":1676534007753,"author":{"id":"3580638423049923","authorId":"3580638423049923","name":"SanWan","avatar":"https://static.tigerbbs.com/e354fc601162d858faf839487934b163","vip":1,"crmLevel":2,"crmLevelSwitch":0},"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/9094547834","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094544384,"gmtCreate":1645194898756,"gmtModify":1676534007723,"author":{"id":"3580161027656510","authorId":"3580161027656510","name":"Natlow","avatar":"https://static.tigerbbs.com/14a777947812993c0fa2085832de2e68","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094544384","repostId":1161814268,"repostType":4,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094557974,"gmtCreate":1645193306442,"gmtModify":1676534007508,"author":{"id":"4091758936365950","authorId":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Number 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,"repost":{"id":"1161814268","pubTimestamp":1645194816,"share":"https://www.laohu8.com/m/news/1161814268?lang=&edition=full","pubTime":"2022-02-18 22:33","market":"us","language":"en","title":"DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling","url":"https://stock-news.laohu8.com/highlight/detail?id=1161814268","media":"Barrons","summary":"DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earni","content":"<html><head></head><body><p>DraftKings stock has tumbled 12% in morning trading despite the sports-betting company beating earnings estimates in the fourth quarter.</p><p><img src=\"https://static.tigerbbs.com/89724923b921797671948c8c1d698dd9\" tg-width=\"708\" tg-height=\"622\" referrerpolicy=\"no-referrer\"/></p><p>The company raised its revenue guidance for 2022 but its adjusted Ebitda guidance came in worse than expected, signaling more losses ahead.</p><p>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.</p><p>Analysts surveyed by FactSet expected DraftKings (ticker: DKNG) to report a loss of 81 cents a share on revenue of $446 million. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.</p><p>DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.</p><p>That’s well below analyst estimates for a $699 million loss.</p><p>DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.</p><p>The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Earnings Beat Estimates. Why the Stock Is Tumbling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Earnings Beat Estimates. 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\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.barrons.com/articles/draftkings-dkng-stock-earnings-51645177904","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161814268","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. A year earlier, DraftKings posted a loss of 68 cents a share on revenue of $322 million.DraftKings raised its 2022 revenue guidance to a range of $1.85 billion to $2 billion from a previous forecast of $1.7 billion to $1.9 billion but introduced guidance for adjusted Ebitda to be negative $825 million to $925 million in 2022.That’s well below analyst estimates for a $699 million loss.DraftKings is the No. 2 operator in the U.S. online sports gambling behind FanDuel, which is controlled by European gambling giant Flutter Entertainment.The gambling giant’s stock has fallen more than 60% since Labor Day as investors have weighed up increasingly intense competition in the sports betting sector and the company’s heavy losses.","news_type":1},"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}}