Posted: August 2, 2021, 09:43 NS.
Last updated: August 2, 2021, 10:02 NS.
DraftKings (NASDAQ: DKNG) shares are trading high on Monday after research firm Bernstein repeated "outperform" assessments of sportsbook operators.
The bullish call preceded the company's second-quarter earnings report scheduled for Friday, August 6, after DraftKings fell 7% in July. Of the US market. Bernstein said the batch of numbers from game companies (the fifth report as a public company) is likely to be "strong."
During the quarter, consensus was on the second quarter 2021 and fiscal year
DraftKings limits what will be an active week of games and sports Caesars Entertainment (NASDAQ: CZR), MGM Resorts International (NYSE: MGM), Wynn Resorts (NASDAQ: WYNN), Penn National Gaming (NASDAQ: PENN) All stepped into a earnings confession from August 3rd to August 5th. ..
DraftKingsStock may need help to Surprise
Boston-based Daily Fantasy Sports (DFS) providers will need to get great results in June. The quarter is to trigger a shorter-term rise in stocks, while providing positive guidance for the current quarter, as some good news has already been burned into stocks. -Quarterly earnings report, DraftKings raised 2021 earnings outlook to $ 1. $ 051 billion to $ 1 $ 151 billion to $ 900 million to $ 1 billion. The outlook is relevant to the states in which they are currently operating and assumes no deviations from those states, and the national university and professional sports calendars will not change dramatically.
Operator 2021 Sales Forecast Upward Revision Starts September 9th NFL Season Due to Arizona, Louisiana, and Possibly Maryland May Regulate Sports Betting and Execution in Time
Analysts expect DraftKings to report on the April-June quarter $