Duos Technologies Group Inc reports results for the quarter ended in December - Earnings Summary

Duos Technologies

01/04/2024 22:01

* Duos Technologies Group Inc  DUOT.OQ  reported a quarterly
adjusted loss of 44 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of -10 cents.  The mean expectation of
two analysts for the quarter was for a loss of 25 cents per
share. Wall Street expected results to range from -31 cents
to -19 cents per share.
    * Revenue fell 74.3% to $1.53 million from a year ago;
analysts
expected $3.00 million. 
    * Duos Technologies Group Inc's reported EPS for the quarter
was a
loss of 44 cents​.
    * The company reported a quarterly loss of $3.16 million.
    * Duos Technologies Group Inc shares had held steady so far
this
quarter and gained 49.7% so far this year.

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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Duos
Technologies
Group Inc is $6.75 

This summary was machine generated from LSEG data April 1 at
09:01 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
 Dec. 31 2023      -0.25          -0.44          Missed
 Sep. 30 2023      -0.32          -0.41          Missed
 Jun. 30 2023      -0.23          -0.42          Missed
 Mar. 31 2023      -0.29          -0.30          Missed