U.S. markets closed
  • S&P 500

    3,841.47
    -11.60 (-0.30%)
     
  • Dow 30

    30,996.98
    -179.02 (-0.57%)
     
  • Nasdaq

    13,543.06
    +12.15 (+0.09%)
     
  • Russell 2000

    2,168.76
    +27.34 (+1.28%)
     
  • Crude Oil

    51.98
    -0.29 (-0.55%)
     
  • Gold

    1,855.50
    -0.70 (-0.04%)
     
  • Silver

    25.57
    +0.01 (+0.04%)
     
  • EUR/USD

    1.2170
    -0.0003 (-0.02%)
     
  • 10-Yr Bond

    1.0910
    -0.0180 (-1.62%)
     
  • GBP/USD

    1.3685
    -0.0046 (-0.33%)
     
  • USD/JPY

    103.7530
    +0.2480 (+0.24%)
     
  • BTC-USD

    31,586.90
    -207.43 (-0.65%)
     
  • CMC Crypto 200

    651.44
    +41.45 (+6.79%)
     
  • FTSE 100

    6,695.07
    -20.35 (-0.30%)
     
  • Nikkei 225

    28,631.45
    -125.45 (-0.44%)
     

Daktronics Q4 Earnings Preview

Benzinga Newsdesk

Daktronics (NASDAQ: DAKT) announces its next round of earnings this Wednesday, May 29. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.

Earnings and Revenue

Sell-side analysts are expecting Daktronics's loss per share to be near 4 cents on sales of $141.17 million.

View more earnings on DAKT

In the same quarter last year, Daktronics reported a loss per share of 9 cents on revenue of $138.18 million. Revenue would be up 2.17 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q3 2019

Q2 2019

Q1 2019

Q4 2018

EPS Estimate

-0.04

0.15

0.05

EPS Actual

-0.07

0.19

0.1

-0.09

Stock Performance

Over the last 52-week period, shares are down 27.33 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on Daktronics stock is a Buy. The strength of this rating has maintained conviction over the past three months.

Conference Call

Daktronics is scheduled to hold a conference call at 11:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/37vb7wiu

See more from Benzinga

© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.