Daktronics (DAKT) Beats Q1 Earnings and Revenue Estimates

Daktronics beat third-quarter earnings expectations, posting $0.40 per share against the $0.35 consensus, while revenue of $234.57 million topped estimates by 2.74%. The display systems maker has now beaten estimates in three of the past four quarters.

Despite the earnings strength, DAKT shares have declined 2.1% year-to-date, lagging the S&P 500's 11.5% gain over the same period. The stock carries a Zacks Rank #2 (Buy) rating.

SAIL is set to report third-quarter results on September 9. Analysts project earnings of $0.08 per share, up 14.3% year-over-year, with revenue expected at $310.4 million, reflecting 17.4% annual growth.