Daseke Inc reports results for the quarter ended in December - Earnings Summary

Daseke

08/03/2024 09:01

* Daseke Inc  DSKE.OQ  reported a quarterly adjusted loss
of 63
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of two analysts for the quarter was
for a loss of 22 cents per share. Wall Street expected
results to range from -31 cents to -14 cents per share.
    * Revenue fell 11.8% to $360.00 million from a year ago;
analysts
expected $353.18 million. 
    * Daseke Inc's reported EPS for the quarter was a loss of 63
cents​.
    * The company reported a quarterly loss of $29.1 million.
    * Daseke Inc shares had risen by 1.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "hold"

Wall Street's median 12-month price target for Daseke Inc is
$8.30 
This summary was machine generated from LSEG data March 8 at
09:00 a.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
 Dec. 31 2023      -0.22          -0.63          Missed
 Sep. 30 2023      0.12           0.02           Missed
 Jun. 30 2023      0.30           0.07           Missed
 Mar. 31 2023      0.06           -0.05          Missed