{"id":165678,"date":"2021-02-26T23:58:07","date_gmt":"2021-02-27T07:58:07","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=165678"},"modified":"2021-02-28T16:00:22","modified_gmt":"2021-03-01T00:00:22","slug":"draftkings-tops-analyst-expectations-in-fourth-quarter","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-tops-analyst-expectations-in-fourth-quarter\/","title":{"rendered":"DraftKings Tops Analyst Expectations in Fourth Quarter, Forecasts Up to $1B in ’21 Revenue"},"content":{"rendered":"
DraftKings beat Wall Street estimates for revenue when it reported its quarterly financial results on Friday. That helped the major sports betting operator\u2019s stock jump nearly 6.5 percent to $61.53 in trading later that day. That was despite posting losses of $266.4 million for the fourth quarter of 2020.<\/p>\n