DraftKings beats on Q3 revenue growth but slashes 2026 outlook as stock plunges on prediction market spending
DraftKings reported Q3 revenue of about $1.33 billion, missing estimates, and cut its fiscal 2026 and 2027 guidance as it pours money into prediction markets, sending shares down sharply.
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- WSJDraftKings Cuts Outlook as It Pours More Money Into Prediction Markets
- TIKR.comDraftKings Sold Off Into Its November 5 Report. Now Revenue Has to Outrun Costs
- www.tokenpost.comDraftKings Slashes 2026 EBITDA Outlook Amid Prediction-Market Spending
- TradingViewDraftKings Inc. reports results for the quarter ended September 30 - Earnings Summary
- The Chronicle-JournalDraftKings (NASDAQ:DKNG) misses Q3 2026 revenue estimates, stock drops 23%
- Yahoo FinanceDraftKings (DKNG) Reports Q3 Earnings: What Key Metrics Have to Say
- Covers.comDraftKings’ Sports, Predictions Success Fuels Q3 Revenue Growth
- Casino.orgDraftKings Stock Tumbles on Reduced 2026 Revenue Guidance
- Quiver QuantitativeDRAFTKINGS ($DKNG) Releases Q3 2026 Earnings
- Barron'sDraftKings Is All-In on Predictions. The Stock Is Still Being Punished.
- Bloomberg.comDraftKings Plunges on 2027 Forecast That Misses Estimates
- CDC GamingDraftKings revenue reaches $1.3 billion in third quarter
- BenzingaDraftKings Stock Dives on Q3 Miss, Lower Guidance: Company Sees Up to $750M in 2027 Prediction Markets Revenue
- marketscreener.comEarnings Flash (DKNG) DraftKings Inc. Reports Q3 Revenue $1.33B, vs. FactSet Est of $1.39B
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