Duos Technologies Group Inc reports results for the quarter ended December 31 - Earnings Summary

• Duos Technologies Group Inc DUOT.OQ reported a quarterly adjusted loss of 41 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -44 cents. The mean expectation of two analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -34 cents to -25 cents per share.

• Revenue fell 4.3% to $1.46 million from a year ago; analysts expected $2.75 million.

• Duos Technologies Group Inc's reported EPS for the quarter was a loss of 41 cents​.

• The company reported a quarterly loss of $3.41 million.

• Duos Technologies Group Inc shares had fallen by 11.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 $10.75

This summary was machine generated from LSEG data March 31 at 09:46 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)