Daktronics Inc reports results for the quarter ended January 31 - Earnings Summary

Daktronics

05/03/2025 20:10

Daktronics Inc DAKT.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 8 cents.  The mean expectation of three analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 6 cents to 10 cents per share.

Revenue fell 12.2% to $149.51 million from a year ago; analysts expected $170.60 million.

Daktronics Inc's reported EPS for the quarter was a loss of 36 cents​.

The company reported a quarterly loss of $17.16 million.

Daktronics Inc shares had fallen by 15.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 51% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 $26.00

This summary was machine generated from LSEG data March 5 at 08:10 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
Jan. 31 2025
0.08
0.01
Missed
Oct. 31 2024
0.20
0.27
Beat
Jul. 31 2024
0.28
0.35
Beat
Apr. 30 2024
0.16
0.27
Beat