DMC Global Inc reports results for the quarter ended in September 30 - Earnings Summary

Dmc Global

05/11/2024 07:55

* DMC Global Inc  BOOM.OQ  reported a quarterly adjusted
loss
of 49 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 38 cents.  The mean expectation of three analysts for the
quarter was for earnings of 2 cents per share. Wall Street
expected results to range from -18 cents to 21 cents per share.
    * Revenue fell 11.5% to $152.43 million from a year ago;
analysts
expected $159.90 million. 
    * DMC Global Inc's reported EPS for the quarter was a loss
of
$8.27​.
    * The company reported a quarterly loss of $101.32 million.
    * DMC Global Inc shares had fallen by 24.2% this quarter and
lost 47.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 93.5%
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
$16.50 
This summary was machine generated from LSEG data November 5 at
07:55 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
 Sep. 30 2024      0.02           -0.49          Missed
 Jun. 30 2024      0.14           0.29           Beat
 Mar. 31 2024      0.19           0.21           Beat
 Dec. 31 2023      0.33           0.01           Missed