Markforged Holding Corp expected to post a loss of 48 cents a share - Earnings Preview

Markforged Holding

06/11/2024 04:50

* Markforged Holding Corp  MKFG.N   MKFG.K  is expected
to show a
rise in quarterly revenue when it reports  results on November 7
for the period ending September 30 2024
    * The Waltham Massachusetts-based  company is expected to
report a
12.3% increase in revenue to $22.543 million from $20.08 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Markforged Holding Corp
is for
a loss of 48 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 Markforged
Holding Corp is 5.00​, above​ its last closing price of $4.45.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.60       -0.57      -0.50     Beat    13
 Mar. 31 2024  -0.66       -0.65      -0.60     Beat    7.7
 Dec. 31 2023  -0.70       -0.70      -0.60     Beat    14.3​
 Sep. 30 2023  -0.80       -0.80      -0.69     Beat    13.8
 ​​Jun.        -0.70       -0.70      -0.60     Beat    14.3
 30 2023                                                
 Mar. 31 2023  -0.81       -0.81      -0.60     Beat    25.7​
 Dec. 31 2022  -0.70       -0.70      -0.70     Met     0.5
 Sep. 30 2022  -0.77       -0.76      -0.80     Missed  -5
 This summary was machine generated November 6 at 04:50 GMT.  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)