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

Duos Technologies

14/08/2023 22:02

* Duos Technologies Group Inc  DUOT.OQ  reported a quarterly
adjusted loss of 42 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for a loss of 23 cents per share.
    * Revenue fell 51.1% to $1.77 million from a year ago;
analysts
expected $2.63 million. 
    * Duos Technologies Group Inc's reported EPS for the quarter
was a
loss of 42 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Duos Technologies Group Inc shares had fallen by 3.7% this
quarter and gained 186.0% so far this year.
    * The company reported a quarterly loss of $2.99 million.
    * Wall Street's median 12-month price target for Duos
Technologies
Group Inc is $9.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.23          -0.42          Missed
 Mar. 31 2023      -0.29          -0.30          Missed
 Dec. 31 2022      -0.11          -0.10          Beat
 Sep. 30 2022      -0.22          -0.30          Missed