DMC Global Inc reports results for the quarter ended in December - Earnings Summary

Dmc Global

23/02/2024 03:01

* DMC Global Inc  BOOM.OQ  reported quarterly adjusted
earnings of
1 cent​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 52
cents.  The mean expectation of three analysts for the quarter
was for earnings of 33 cents per share. Wall Street expected
results to range from 28 cents to 37 cents per share.
    * Revenue fell 0.6% to $174.04 million from a year ago;
analysts
expected $170.30 million. 
    * DMC Global Inc's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $2.76
million.
    * DMC Global Inc shares had fallen by 8.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the oil related
services and equipment peer group is also "buy"

Wall Street's median 12-month price target for DMC Global Inc is
$28.50 
This summary was machine generated from LSEG data February 23 at
03:01 a.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      0.33           0.01           Missed
 Sep. 30 2023      0.54           0.38           Missed
 Jun. 30 2023      0.41           0.70           Beat
 Mar. 31 2023      0.30           -0.01          Missed