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DraftKings Q4 Adjusted Earnings Decline, Revenue Rises -- Shares Advance After Hours
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DraftKings Q4 Adjusted Earnings Decline, Revenue Rises -- Shares Advance After Hours
Feb 13, 2025 2:09 PM

04:50 PM EST, 02/13/2025 (MT Newswires) -- DraftKings ( DKNG ) reported Q4 adjusted earnings late Thursday of $0.14 per share, down from $0.29 a year earlier.

Analysts polled by FactSet, on average, expected $0.19.

Revenue for the quarter ended Dec. 31 was $1.39 billion, up from $1.23 billion a year earlier.

Analysts expected $1.40 billion.

For 2025, the company is projecting revenue of $6.3 billion to $6.6 billion compared with its prior guidance range of $6.2 billion to $6.6 billion. Analysts are looking for $6.40 billion.

Shares of DraftKings ( DKNG ) were climbing more than 5% in after-hours trading.

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