DraftKings Inc Earnings
The next earnings date for DraftKings Inc is August 6, 2025.
They are scheduled to announce earnings after the market closes that day.
Analyst Estimates of DraftKings Inc Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
DraftKings Inc Earnings: Historical
More About DraftKings Inc
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. Further, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT on marketplace. The company is headquartered in Boston, Massachusetts.
“DraftKings Inc Earnings” Can Refer to the DraftKings Inc Earnings Date
Some people say “DraftKings Inc earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my DraftKings Inc position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning DraftKings Inc Stock on the Earnings Date
If you own DraftKings Inc stock (DKNG) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for DraftKings Inc might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading DraftKings Inc shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Owning DraftKings Inc Options on the Earnings Date
If you own DraftKings Inc options on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
In addition, the extrinsic values of DraftKings Inc options that overlap earnings dates are often higher than other days of the year. In other words, the premiums you pay to own DraftKings Inc options are typically higher during that period. In particular, they are frequently higher immediately before earnings and on the day they’re announced.
This makes sense considering that prices are often more volatile on earnings dates for DraftKings Inc. That potential volatility is a key factor that affects the premium cost of owning options.
Once the earnings announcement is done and the anticipated price volatility has gone down, the extrinsic values of DraftKings Inc options often go down. This is sometimes referred to as volatility crush.
Learning More DraftKings Inc Earnings
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