Duos Technologies Group Inc expected to post a loss of 38 cents a share - Earnings Preview

Duos Technologies

10/05/2024 23:32

* Duos Technologies Group Inc  DUOT.OQ   DUOT.O  is expected
to show a fall in quarterly revenue when it reports  results on
May 13 for the period ending March 31 2024
    * The Jacksonville Florida-based  company is expected to
report a
47.1% decrease in revenue to $1.4 million from $2.64 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Duos Technologies Group
Inc is
for a loss of 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Duos
Technologies
Group Inc is $6.50​, above​ its last closing price of $2.46. ​​​

This summary was machine generated May 10 at 22:32 GMT.  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)