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

Data Storage

15/05/2023 14:32

* Data Storage Corp  DTST.OQ  reported quarterly adjusted
earnings
of 1 cent​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 2 cents per
share.
    * Revenue fell 20.5% to $6.88 million from a year ago;
analysts
expected $6.40 million. 
    * Data Storage Corp's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 100%
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 4.7% this
quarter and
gained 29.1% so far this year.
    * The company reported quarterly net income of $51 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 LSEG Refinitiv data May
15 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.02           0.01           Missed
 Dec. 31 2022      -0.03          -0.10          Missed
 Sep. 30 2022      -0.06          -0.04          Beat
 Jun. 30 2022      -0.07          -0.13          Missed