DMC Global Inc expected to post earnings of 41 cents a share - Earnings Preview
05/08/2023 03:03
* DMC Global Inc BOOM.OQ BOOM.O is expected to show a
rise in
quarterly revenue when it reports results on August 8.
* The Broomfield Colorado-based company is expected to
report a
7.9% increase in revenue to $179 million from $165.83 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. The company's guidance on May 4 2023, for the
period ended June 30, was for revenue between 177.00 million and
187.00 million.
* Refinitiv's mean analyst estimate for DMC Global Inc is
for
earnings of 41 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 was unchanged in
the last
three months.
* Wall Street's median 12-month price target for DMC Global
Inc is
$34, above its last closing price of $18.48.
The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 177 million and 26 million.The company's
guidance on May 4 2023 for the period ended June 30 was for
Capital Expenditures between 4 million and 6 million.The
company's guidance on May 4 2023 for the period ended June 30
was for gross profit margin between 29% and 30%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Mar. 31 2023 0.31 0.30 -0.01 Missed -103.3
Dec. 31 2023 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
Mar. -0.31 -0.31 -0.47 Missed -50.4
31 2022
Dec. 31 2021 0.02 0.02 0.05 Beat 150
Sep. 30 2021 0.09 0.10 0.02 Missed -79.3
Jun. 30 2021 0.12 0.13 0.10 Missed -21.9
This summary was machine generated August 5 at 02:03 GMT. All
figures in US dollars unless otherwise stated