* Duos Technologies Group Inc reported a quarterly adjusted loss of 18 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -41 cents. The mean expectation of two analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -30 cents to -20 cents per share.
* Revenue rose 111.6% to $3.24 million from a year ago; analysts expected $2.80 million.
* Duos Technologies Group Inc's reported EPS for the quarter was a loss of 18 cents.
* The company reported a quarterly loss of $1.4 million.
* Duos Technologies Group Inc shares had risen by 53.3% this quarter and gained 58.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 22% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* 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."
* The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Duos Technologies Group Inc is $5.75 This summary was machine generated from LSEG data November 20 at 12:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.25 -0.18 Beat
Jun. 30 2024 -0.33 -0.43 Missed
Mar. 31 2024 -0.38 -0.38 Met
Dec. 31 2023 -0.25 -0.44 Missed
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