Wall Street expects adjusted earnings per share of $0.22 on $1.63 billion in revenue when the sports betting company reports after Thursday's close.
Investors are focused on how DraftKings is responding to prediction markets, which can mimic sports betting in states where traditional sportsbooks remain illegal and may draw customers from its core business.
DraftKings and Flutter have launched prediction market platforms, while Flutter's latest results showed it has begun market-making on third-party venues, highlighting intensifying competition across the sector.
Can DraftKings win its billion-dollar bet on prediction markets without gutting its core sportsbook business?
As courts and states clash, will prediction markets be regulated as finance or shut down as illegal gambling?