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

Daktronics

06/09/2023 15:31

* Daktronics Inc  DAKT.OQ  reported quarterly adjusted
earnings of
57 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 17 cents
per share.
    * Revenue rose 35.3% to $232.53 million from a year ago;
analysts
expected $197.70 million. 
    * Daktronics Inc's reported EPS for the quarter was 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
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 30.9% this quarter and
gained 197.2% so far this year.
    * The company reported quarterly net income of $19.2
million.
    * Wall Street's median 12-month price target for Daktronics
Inc is
$9.25 
    * 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
September 6 at 02:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.17           0.57           Beat
 Apr. 30 2023      0.14           0.47           Beat
 Oct. 31 2022      0.00           -0.29          Missed