Data Storage Corp reports results for the quarter ended September 30 - Earnings Summary

• Data Storage Corp DTST.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 5 cents per share.

• Revenue fell 3% to $5.81 million from a year ago; analysts expected $6.50 million.

• Data Storage Corp's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $122 thousand.

• Data Storage Corp shares had risen by 36.3% this quarter and gained 78.5% 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 it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Data Storage Corp is $9.00

This summary was machine generated from LSEG data November 14 at 09:00 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)