Data Storage Corp reports results for the quarter ended in June - Earnings Summary

Data Storage

11/08/2022 16:04

* Data Storage Corp  DTST.OQ  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 7 cents per
share.
    * Revenue was $4.83 million​; analysts expected $5.10
million. 
    * Data Storage Corp's reported EPS for the quarter was a
loss
of 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 133.3% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Data Storage Corp shares had risen by 7.8% this
quarter and
lost 13.7% so far this year.
    * The company reported a quarterly loss of $847 thousand.
    * Wall Street's median 12-month price target for Data
Storage Corp
is $8.00 
    * The current average analyst rating on the shares is "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 11
at 03:04 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.07          -0.13          Missed
 Mar. 31 2022      -0.01          0.02           Beat
 Dec. 31 2021      -0.05          0.00           Beat
 Sep. 30 2021      -0.02          0.02           Beat