* Digital Ally Inc reported a quarterly adjusted loss of $2.69 per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-4.70. The lone analyst forecast for the quarter was for a loss of $2.21 per share.
* Revenue fell 33.2% to $5.93 million from a year ago; analysts expected $8.44 million.
* Digital Ally Inc's reported EPS for the quarter was a loss of $2.69.
* The company reported a quarterly loss of $7.48 million.
* Digital Ally Inc shares had held steady so far this quarter and gained 18.9% so far this year.
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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Digital Ally Inc is $11.00 This summary was machine generated from LSEG data April 1 at 10:08 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
Dec. 31 2023 -2.21 -2.69 Missed
Sep. 30 2023 -2.24 -1.32 Beat
Jun. 30 2023 -2.24 -3.01 Missed
Mar. 31 2023 -2.42 -2.22 Beat
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