DMC Global Inc expected to post earnings of 14 cents a share - Earnings Preview
31/07/2024 03:56
* DMC Global Inc BOOM.OQ BOOM.O is expected to show a
fall in
quarterly revenue when it reports results on August 1 for the
period ending June 30 2024
* The Broomfield Colorado-based company is expected to
report a
12.5% decrease in revenue to $165 million from $188.66 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $161.00 million
and $171.00 million.
* LSEG's mean analyst estimate for DMC Global Inc is for
earnings
of 14 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.
* Wall Street's median 12-month price target for DMC Global
Inc is
$24.00, above its last closing price of $13.73.
The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD161 million and USD17 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.19 0.19 0.21 Beat 8.6
Dec. 31 2024 0.33 0.33 0.01 Missed -96.9
Sep. 30 2023 0.54 0.54 0.38 Missed -29.6
Jun. 30 2023 0.41 0.41 0.70 Beat 72.1
Mar. 0.31 0.30 -0.01 Missed -103.3
31 2023
Dec. 31 2022 0.32 0.29 0.52 Beat 80.9
Sep. 30 2022 0.27 0.27 0.46 Beat 70.4
Jun. 30 2022 -0.09 -0.06 0.20 Beat 415.8
This summary was machine generated July 31 at 02:56 GMT. 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)