DMC Global Q3 sales rise 14% on commercial aluminum
DMC Global Q3 sales rise 14% on commercial aluminum
Overview
US manufacturing group's Q3 sales rose 14% yr/yr
Adjusted diluted EPS for Q3 turned positive from a loss last year
Q3 adjusted EBITDA excluding tariff refunds rose 59% yr/yr
Outlook
DMC expects Q4 sales between $154 mln and $164 mln
Company anticipates Q4 adjusted EBITDA of $10 mln to $13 mln
DMC says Q4 outlook reflects seasonal moderation, planned maintenance, and continued market volatility
Result Drivers
PERFORMANCE INITIATIVES - Co said results were driven by cost optimization and commercial initiatives implemented over past two years
ARCADIA SALES MIX - Higher sales of commercial aluminum and residential products, with improved service levels, helped Arcadia offset market challenges
DYNAENERGETICS PROFITABILITY - Improved profitability at DynaEnergetics attributed to cost savings and diversification into defense and geothermal sectors
Company press release: ID:nGNX7DXnm7
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Beat | $172.80 mln | $161.10 mln (2 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for DMC Global Inc is $10.00, about 86.2% above its October 26 closing price of $5.37
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 48 three months ago
Reuters Recommended Reads
Oct 27 - Illinois Tool Works Inc beats Q3 EPS estimates, raises 2026 outlook
Oct 27 - Lincoln Electric Q3 sales beat on higher volumes
Oct 27 - Hubbell Inc beats Q3 revenue on Electrical Solutions growth, raises FY outlook
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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