What To Expect From Daktronics, Inc. ($DAKT) 2Q21 Earnings

Daktronics, Inc. (NASDAQ:DAKT) is reporting second quarter earnings results on Wednesday 2nd December 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.04 per share from $ 140.67 million in revenue.

For the full year, analysts predict revenues of $ 546.53 million, while looking forward to income of $ 0.12 per share.

Previous Quarter Performance

Daktronics, Inc. revealed income for the first quarter of $ 0.17 per share, from the revenue of $ 143.64 million. Wall street analysts are predicting, DAKT to report 1Q21 income of $ 0.06 per share from revenue of $ 165.41 million. The bottom line results beat street analysts by $ 0.11 or 183.33 percent, at the same time, top line results fell short of analysts by $ 21.77 million or 13.16 percent.

Stock Performance

Shares of Daktronics, Inc. traded up $ 0.05 or 1.11 percent on Tuesday, reaching $ 4.56 with volume of 232.30 thousand shares. Daktronics, Inc. has traded high as $ 4.63 and has cracked $ 4.44 on the downward trend

According to the previous trading day, closing price of $ 4.56, representing a 22.22 % increase from the 52 week low of $ 3.69 and a 30.83 % decrease over the 52 week high of $ 6.52.

The company has a market capital of $ 203.44 million and is part of the Technology sector and Computer Systems industry.

Conference Call

Daktronics, Inc. will be hosting a conference call at 11:00 AM eastern time on 2nd December 2020, to discuss its 2Q21 financial results with the investment community. The participants may dial, 877-303-4382 (United States) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.daktronics.com

Daktronics, Inc. designs, manufactures, and sells electronic display systems and related products worldwide. It operates in five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International.

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