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

Daktronics

31/08/2022 13:42

* Daktronics Inc  DAKT.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 2 cents per
share.
    * Revenue rose 18.8% to $171.92 million from a year ago;
analysts
expected $166.40 million. 
    * Daktronics Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 81.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Daktronics Inc shares had risen by 36.5% this quarter and
lost 18.6% so far this year.
    * The company reported a quarterly loss of $5.33 million.
    * Wall Street's median 12-month price target for Daktronics
Inc is
$5.50 
    * 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 Refinitiv data August 31
at 12:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.02           -0.12          Missed
 Apr. 30 2022      0.00           -0.02          Missed
 Jan. 31 2022      0.02           -0.01          Missed