Markforged Holding Corp expected to post a loss of 7 cents a share - Earnings Preview

Markforged Holding

09/08/2023 03:03

* Markforged Holding Corp  MKFG.N   MKFG.K  is expected
to show a
rise in quarterly revenue when it reports  results on August
10. 
    * The Waltham Massachusetts-based  company is expected to
report 
a 4.3% increase in revenue to $25.276 million from $24.23
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Markforged Holding
Corp
is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 $2.08​, above​ its last closing price of $1.63.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.08       -0.08      -0.06     Beat    25.7
 Dec. 31 2023  -0.07       -0.07      -0.07     Met     0.5
 Sep. 30 2022  -0.08       -0.08      -0.08     Met     -5​
 Jun. 30 2022  -0.09       -0.09      -0.09     Met     -4.3
 ​​Mar.        -0.08       -0.08      -0.08     Met     -1
 31 2022                                                
 Dec. 31 2021  -0.08       -0.08      -0.09     Missed  -16.9​
 Sep. 30 2021  -0.06       -0.06      -0.09     Missed  -45.2
 Jun. 30 2021  -0.07       -0.06      -0.26     Missed  -303.1
 This summary was machine generated August 9 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated