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

Duos Technologies

15/05/2023 22:03

* Duos Technologies Group Inc  DUOT.OQ  reported a quarterly
adjusted loss of 30 cents​​ per share for the quarter ended in
March. The mean expectation of two analysts for the quarter was
for a loss of 29 cents per share.
    * Revenue rose 83.7% to $2.64 million from a year ago;
analysts
expected $2.45 million. 
    * Duos Technologies Group Inc's reported EPS for the quarter
was a
loss of 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
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 risen by 32.1% this
quarter and gained 85.0% so far this year.
    * The company reported a quarterly loss of $2.14 million.
    * Wall Street's median 12-month price target for Duos
Technologies
Group Inc is $7.63 
    * 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 May
15 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.26          -0.22          Beat