Daktronics: Here’s What Investors Need to Know Before Earnings

Daktronics (NASDAQ:DAKT) will report earnings before markets open on Wednesday, May 29th. Daktronics, Inc. supplies electronic scoreboards, computer programmable display systems, and large video displays for sport, business, and government applications. The Company designs, manufactures, installs, and services integrated systems that display real-time data, graphics, animation, and video.

Here is your Cheat Sheet to Daktronics Earnings:

Earnings Expectations: Analysts expect earnings of $0.07 per share on revenues of $123.00 million. Currently, the company’s P/E ratio stands at 22.33.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.17 and has not changed. For the current year, the average estimate is a profit of $0.56, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Daktronics has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 582 393 442 490
Diluted EPS ($) 0.64 -0.17 0.34 0.20

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 111.99 132.92 149.87 111.05
Diluted EPS ($) -0.01 0.16 0.27 0.06

Past Performance:
Daktronics has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)