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NASDAQ:DAKT
Daktronics Stock Earnings Reports
$12.41
+0.0500 (+0.405%)
At Close: Apr 17, 2025
Daktronics Earnings Calls
Q1 2025
Missed
$0.0100 (-88.89%)
| Release date | Mar 05, 2025 |
| EPS estimate | $0.0900 |
| EPS actual | $0.0100 |
| EPS Surprise | -88.89% |
| Revenue estimate | 189.1M |
| Revenue actual | 149.507M |
| Revenue Surprise | -20.94% |
Q4 2024
Missed
$0.0800 (-60.00%)
| Release date | Dec 04, 2024 |
| EPS estimate | $0.200 |
| EPS actual | $0.0800 |
| EPS Surprise | -60.00% |
| Revenue estimate | 183.455M |
| Revenue actual | 208.331M |
| Revenue Surprise | 13.56% |
Q3 2024
Beat
$0.360 (20.00%)
| Release date | Sep 04, 2024 |
| EPS estimate | $0.300 |
| EPS actual | $0.360 |
| EPS Surprise | 20.00% |
| Revenue estimate | 229.07M |
| Revenue actual | 226.088M |
| Revenue Surprise | -1.30% |
Q2 2024
Beat
$0.270 (92.86%)
| Release date | Jun 26, 2024 |
| EPS estimate | $0.140 |
| EPS actual | $0.270 |
| EPS Surprise | 92.86% |
| Revenue estimate | 186.19M |
| Revenue actual | 215.88M |
| Revenue Surprise | 15.95% |
Last 4 Quarters for Daktronics
Below you can see how DAKT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Beat
| Release date | Jun 26, 2024 |
| Fiscal end date | Apr 27, 2024 |
| Price on release | $13.30 |
| EPS estimate | $0.140 |
| EPS actual | $0.270 |
| EPS surprise | 92.86% |
| Date | Price |
|---|---|
| Jun 20, 2024 | $10.99 |
| Jun 21, 2024 | $10.71 |
| Jun 24, 2024 | $11.26 |
| Jun 25, 2024 | $10.92 |
| Jun 26, 2024 | $13.30 |
| Jun 27, 2024 | $13.47 |
| Jun 28, 2024 | $13.95 |
| Jul 01, 2024 | $13.77 |
| Jul 02, 2024 | $13.15 |
| 4 days before | 21.02% |
| 4 days after | -1.13% |
| On release day | 1.28% |
| Change in period | 19.65% |
Q3 2024
Beat
| Release date | Sep 04, 2024 |
| Fiscal end date | Jul 27, 2024 |
| Price on release | $12.37 |
| EPS estimate | $0.300 |
| EPS actual | $0.360 |
| EPS surprise | 20.00% |
| Date | Price |
|---|---|
| Aug 28, 2024 | $15.04 |
| Aug 29, 2024 | $14.61 |
| Aug 30, 2024 | $14.45 |
| Sep 03, 2024 | $13.61 |
| Sep 04, 2024 | $12.37 |
| Sep 05, 2024 | $11.80 |
| Sep 06, 2024 | $11.81 |
| Sep 09, 2024 | $11.87 |
| Sep 10, 2024 | $12.05 |
| 4 days before | -17.75% |
| 4 days after | -2.59% |
| On release day | -4.61% |
| Change in period | -19.88% |
Q4 2024
Missed
| Release date | Dec 04, 2024 |
| Fiscal end date | Oct 26, 2024 |
| Price on release | $18.93 |
| EPS estimate | $0.200 |
| EPS actual | $0.0800 |
| EPS surprise | -60.00% |
| Date | Price |
|---|---|
| Nov 27, 2024 | $15.40 |
| Nov 29, 2024 | $15.40 |
| Dec 02, 2024 | $15.99 |
| Dec 03, 2024 | $16.33 |
| Dec 04, 2024 | $18.93 |
| Dec 05, 2024 | $19.21 |
| Dec 06, 2024 | $19.50 |
| Dec 09, 2024 | $18.27 |
| Dec 10, 2024 | $19.24 |
| 4 days before | 22.92% |
| 4 days after | 1.64% |
| On release day | 1.48% |
| Change in period | 24.94% |
Q1 2025
Missed
| Release date | Mar 05, 2025 |
| Fiscal end date | Jan 25, 2025 |
| Price on release | $12.20 |
| EPS estimate | $0.0900 |
| EPS actual | $0.0100 |
| EPS surprise | -88.89% |
| Date | Price |
|---|---|
| Feb 27, 2025 | $15.31 |
| Feb 28, 2025 | $15.26 |
| Mar 03, 2025 | $14.60 |
| Mar 04, 2025 | $14.33 |
| Mar 05, 2025 | $12.20 |
| Mar 06, 2025 | $12.77 |
| Mar 07, 2025 | $12.70 |
| Mar 10, 2025 | $11.95 |
| Mar 11, 2025 | $12.21 |
| 4 days before | -20.35% |
| 4 days after | 0.123% |
| On release day | 4.72% |
| Change in period | -20.25% |
Daktronics Earnings Call Transcript Summary of Q1 2025
Performance Overview
This performance is down from the record quarter a year ago due to normalizing order patterns.
- Order Growth: New orders increased by 11% year-over-year, contributing to a solid backlog of $267 million. The company is experiencing a return to more typical seasonal trends after resolving previous supply chain issues.
- Profit Margins: Gross margin improved to 26.4%, attributed to volume mix and slight price improvements. Operating income was consistent, sitting at 10% of sales for the quarter.
Market Insights
- Live Events: Notable successes included projects for major college football events and installations at the LA Clippers' new venue. The company anticipates continued strong demand in this segment.
- Commercial Business: Orders for displays from resellers, especially in the on-premise segment, have gained momentum. The company reports increased interest in out-of-home advertising.
- Transportation Segment: Orders also rose in the transportation sector, driven by contracts like the one with Dallas Area Rapid Transit.
- International Market: Although slower compared to prior years due to economic uncertainties, international bookings increased sequentially by 20%.
Strategic Initiatives
- Digital Transformation: Daktronics is investing in digital tools to enhance operational efficiencies and customer experiences. Plans involve modernizing service management and automating sales processes.
- Cost Management: The firm aims to lower structural and product costs to remain competitive, balancing growth aspirations with margin expansion efforts.
Future Outlook
- Q2 Expectations: It is suggested that revenue will continue on a growth trajectory though seasonality in the business may impact quarter-to-quarter results.
- Investment Focus: The company is directing resources towards initiatives that support long-term growth, despite near-term impacts on operating margins from transformation costs.
Credit and Financial Health
- Strong Balance Sheet: As of July 27, 2024, Daktronics holds $97.2 million in cash and marketable securities, indicating robust financial health. They have access to a $35 million asset-based lending line should the need arise.
Conclusion
Daktronics is positioned well for continued growth, supported by strong operational execution and strategic initiatives aimed at improving efficiencies and capturing new market opportunities. Investors should monitor the company’s progress on its transformation efforts and seasonal revenue patterns in the upcoming quarters.
Daktronics Earnings History
Earnings Calendar
FAQ
When is the earnings report for DAKT?
Daktronics (DAKT) has scheduled its earnings report for Jun 25, 2025 before the markets open.
What is the DAKT price-to-earnings (P/E) ratio?
DAKT P/E ratio as of Apr 17, 2025 (TTM) is 324.02.
What is the DAKT EPS forecast?
The forecasted EPS (Earnings Per Share) for Daktronics (DAKT) for the first fiscal quarter 2025 is $0.180.
What are Daktronics's retained earnings?
On its balance sheet, Daktronics reported retained earnings of $149.51 million for the latest quarter ending Jan 25, 2025.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
