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

Daktronics

12/07/2023 13:18

* Daktronics Inc  DAKT.OQ  reported quarterly adjusted
earnings of
47 cents​​ per share for the quarter ended in April. The lone
analyst forecast for the quarter was for earnings of 14 cents
per share.
    * Revenue rose 29.4% to $209.86 million from a year ago;
analysts
expected $188.20 million. 
    * Daktronics Inc's reported EPS for the quarter was 47
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Daktronics Inc shares had fallen by 4.5% this quarter and
gained 116.7% so far this year.
    * The company reported quarterly net income of $21.4
million.
    * Wall Street's median 12-month price target for Daktronics
Inc is
$8.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
12 at 12:17 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.14           0.47           Beat
 Oct. 31 2022      0.00           -0.29          Missed
 Jul. 31 2022      0.02           -0.12          Missed