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

Dmc Global

03/11/2023 01:09

* DMC Global Inc  BOOM.OQ  reported quarterly adjusted
earnings of
38 cents​​ per share for the quarter ended in September, lower
than the same quarter last year, when the company reported EPS
of 46 cents.  The mean expectation of three analysts for the
quarter was for earnings of 54 cents per share. Wall Street
expected results to range from 46 cents to 62 cents per share.
    * Revenue fell 1.3% to $172.15 million from a year ago;
analysts
expected $183.97 million. 
    * DMC Global Inc's reported EPS for the quarter was 38
cents​.
    * The company reported quarterly net income of $8.88
million.
    * DMC Global Inc shares had fallen by 23.2% this quarter and
lost 3.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.5%
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 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
$35.00 
This summary was machine generated from LSEG data November 3 at
01:09 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.29           0.52           Beat