DraftKings Cuts FY2026 Guidance and Forecasts Below-Estimate FY2027 EBITDA

This is a valid forward-looking business-performance development, not a price move or analyst opinion. Two contemporaneous First Squawk messages explicitly report that DraftKings reduced FY2026 revenue guidance from $6.5 billion–$6.9 billion to $6.35 billion–$6.55 billion and adjusted EBITDA guidance from $700 million–$900 million to $175 million–$275 million, while providing FY2027 revenue and adjusted EBITDA outlook. The large EBITDA reduction and below-estimate FY2027 EBITDA range are materially relevant to future earnings expectations. Importance and surprise are high because the EBITDA guidance cut is substantial, although the impact is primarily company-specific. Confidence in the subject and financial figures is very high; timestamp confidence is slightly lower because the available times are relay-message timestamps rather than an explicitly stated company announcement time. The broader prediction-market stakeholder narratives do not explicitly attribute this guidance revision to those factors, so only DraftKings is approved as a stakeholder. The additional source explicitly reports the FY2027 outlook and its comparison with estimates.