Daktronics Inc reports results for the quarter ended April 30 - Earnings Summary
Daktronics Inc reports results for the quarter ended April 30 - Earnings Summary
Daktronics Inc DAKT.OQ reported quarterly adjusted earnings of 40 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of three analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 14 cents to 36 cents per share.
Revenue fell 4.7% to $234.57 million from a year ago; analysts expected $205.27 million.
Daktronics Inc's reported EPS for the quarter was 40 cents.
The company reported quarterly net income of $8.42 million.
Daktronics Inc shares had fallen by 1.0% this quarter and lost 2.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 131.1% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "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 also "buy"
Wall Street's median 12-month price target for Daktronics Inc is $32.00, about 39.5% above its last closing price of $19.36
This summary was machine generated from LSEG data September 2 at 04:20 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.20 | 0.27 | Beat |
Apr. 30 2026 | 0.13 | 0.27 | Beat |
Jan. 31 2026 | 0.13 | 0.35 | Beat |
Jul. 31 2025 | 0.25 | 0.33 | Beat |
Recent news on Daktronics
See all newsBrief: Daktronics Announces Implementation Actions For Strategic Structural Cost Reduction
Daktronics Inc reports results for the quarter ended April 30 - Earnings Summary
Daktronics Q1 revenue beats on strength in transportation, live events segments
Daktronics Inc expected to post earnings of 35 cents a share - Earnings Preview
Daktronics Inc reports results for the quarter ended April 30 - Earnings Summary