Draftkings Inc (DKNG) reported better-than-expected financial results for the third quarter of fiscal 2025. The company posted an earnings per share (EPS) of $-0.26, surpassing Wall Street's consensus estimate of $-0.43 by $0.17. Revenue for the quarter reached $1.1 billion, although it fell short of the anticipated $1.2 billion.
This update provides insight into Draftkings' operational performance and financial health. The company, a leader in digital sports entertainment and gaming, operates in the online sports betting and casino sectors, serving users across 28 states, Washington, D.C., and Ontario, Canada. Draftkings has established itself as both an official daily fantasy and sports betting partner of major leagues, including the NFL, NHL, and NBA.
Management will host an earnings conference call after market close to discuss these results and provide additional commentary on the company's performance.
Investors are encouraged to review the full earnings release and listen to the management's insights for a comprehensive understanding of the quarter's performance and future outlook. Upcoming earnings are scheduled for May 5, 2026, with an EPS estimate of 0.2618 and revenue estimate of $1.8 billion.