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DAKT — Daktronics News Story

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Daktronics Inc reports results for the quarter ended April 30 - Earnings Summary

Daktronics Inc DAKT.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 27 cents.  The mean expectation of three analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 10 cents to 19 cents per share.

Revenue fell 20.1% to $172.55 million from a year ago; analysts expected $193.96 million.

Daktronics Inc's reported EPS for the quarter was a loss of 19 cents​.

The company reported a quarterly loss of $9.43 million.

Daktronics Inc shares had risen by 24.8% this quarter and lost 9.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is  "buy."

Wall Street's median 12-month price target for Daktronics Inc is $22.00, about 30.9% above its last closing price of $15.20

This summary was machine generated from LSEG data June 25 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Apr. 30 20250.150.18Beat
Jan. 31 20250.080.01Missed
Oct. 31 20240.200.27Beat
Jul. 31 20240.280.35Beat

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