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Airbnb's Margins Under Pressure Despite Q3 Beat, Analysts Caution
Friday, November 8, 2024 - 12:43pm | 1241Shares of Airbnb Inc (NASDAQ:ABNB) tumbled in early trading on Friday, after the company reported downbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Airbnb Analyst Thomas Champion maintained a...
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FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan
Wednesday, August 14, 2024 - 11:30am | 1100A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...
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Expedia's Q2 Triumph: Analysts Highlight Vrbo As 'Bright Spot,' Praise Growth In Business Partnerships
Friday, August 9, 2024 - 11:15am | 1062Shares of Expedia Group Inc (NASDAQ:EXPE) skyrocketed in early trading on Friday, after the company reported upbeat second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Expedia Group Analyst Eric Sheridan maintained a Buy...
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Airbnb Invests 'For Growth While Consumer Slows'; 6 Analysts Cut Forecasts After Q2 Results
Wednesday, August 7, 2024 - 12:24pm | 1178Airbnb Inc (NASDAQ:ABNB) shares tanked in early trading on Wednesday, after the company reported downbeat second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan analyst Doug Anmuth reiterated a Neutral rating, while reducing the...
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Booking Holdings Issues Soft Guidance Despite Strong Q1 Upside; These Analysts Delve Deeper
Friday, May 3, 2024 - 12:33pm | 970Shares of Booking Holdings Inc (NASDAQ:BKNG), the parent company of Booking.com, were climbing in early trading on Friday, along with other big stocks reporting earnings for the quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release....
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DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Friday, February 16, 2024 - 2:01pm | 1009Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Analysts size up the earnings result and future of the company. BMO Capital analyst Brian J. Pitz has an Outperform rating and raises the price target from $43 to $51. Stifel...
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DraftKings Q4 Earnings Preview: Analysts Estimates, Profitability Guidance, NFL Betting, Super Bowl LVIII And Taylor Swift Could Come Into Focus
Tuesday, February 13, 2024 - 6:32pm | 908Sports betting operator DraftKings Inc (NASDAQ:DKNG) will report fourth-quarter financial results after market close on Thursday, Feb. 15, 2024. Here are the key earnings estimates, analyst comments and key items for investors to watch. Earnings Estimates: Analysts expect DraftKings to report...
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Expedia Stock Tanks After Q4 Earnings, CEO Departure: 'Solid Execution Is Critical'
Friday, February 9, 2024 - 12:38pm | 988Shares of Expedia Group Inc (NASDAQ: EXPE) were tanking Friday after the travel company reported fourth-quarter earnings and announced a new CEO. The results came amid an exciting earnings season. Here are some key analyst takeaways from Expedia's quarterly report. BofA Securities On...
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Penn Entertainment Analysts On 'Landscape-Changing' Sports Betting Deal With ESPN: 'This Move Makes Sense'
Wednesday, August 9, 2023 - 11:27am | 1255PENN Entertainment (NASDAQ: PENN) stock jumped after the market close Tuesday after the company unveiled a partnership with sports media company ESPN, second-quarter earnings and the divestiture of Barstool Sports. Here’s a look at what analysts are saying about Penn and its competitors...
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Why A Live Nation Entertainment Analyst Raises Forecasts On 2024 Pipeline
Friday, July 28, 2023 - 11:38am | 260Shares of Live Nation Entertainment Inc (NYSE: LYV) rose in early trading on Friday, after the company reported record-breaking quarterly results. The company is likely to benefit from strong concert demand continuing into 2024, according to Oppenheimer. The Live Nation Entertainment Analyst: Jed...
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Live Nation Bull Analyst Sees 15% Upside Ahead For Concert Stock, Notes 'Wider Network Of Fans'
Friday, July 21, 2023 - 11:14am | 333Shares of Live Nation Entertainment Inc (NYSE: LYV) have climbed more than 40% year to date. The company’s breadth of inventory is well positioned to deliver “more events to a wider network of fans,” according to Oppenheimer. The Live Nation Entertainment Analyst: Jed Kelly...
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DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Friday, May 5, 2023 - 11:04am | 770Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results after market close Thursday. The company also raised its full-year revenue and EBITDA guidance. Here's what analysts are saying after the report and guidance increase. The DraftKings Analysts: Bank of...
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DraftKings Analysts Unimpressed By Q3 Earnings, But Sports Betting Company's 2022 Guidance A Highlight
Tuesday, November 9, 2021 - 12:35pm | 517Sports betting pure play company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results on Friday. Analysts shared their takes on the company’s quarterly results and guidance. The DraftKings Analysts: Bank of America analyst Shaun C. Kelley has a Neutral rating and $60 price...
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DraftKings Analysts On Share Offering, Marketing Costs, Sports Betting Legalization
Monday, October 12, 2020 - 5:13pm | 433Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...
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Oppenheimer Upgrades Square On Massive Digital Shift In Commerce
Thursday, September 24, 2020 - 12:25pm | 259Square Inc’s (NYSE: SQ) business model positions the company to sustain “elevated growth levels for multiple years,” according to Oppenheimer. The Square Analyst: Jed Kelly upgraded Square's stock from Perform to Outperform, while establishing the price target of $185....