Daktronics Inc expected to post earnings of 16 cents a share - Earnings Preview

Daktronics

24/06/2024 13:33

* Daktronics Inc  DAKT.OQ   DAKT.O  is expected to show a
fall in
quarterly revenue when it reports  results on June 26 for the
period ending April 30 2024
    * The Brookings South Dakota-based  company is expected to
report
a 11.3% decrease in revenue to $186.188 million from $209.86
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Daktronics Inc is for
earnings
of 16 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Daktronics
Inc is
$13.40​, above​ its last closing price of $10.71. ​​​

This summary was machine generated June 24 at 12:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)