Markforged Holding Corp expected to post a loss of 9  cents a share - Earnings Preview

Markforged Holding

09/08/2022 22:00

* Markforged Holding Corp  MKFG.N   MKFG.K  is expected
to show a
rise in quarterly revenue when it reports  results on August
11. 
    * The Watertown Massachusetts-based  company is expected to
report
 a 10.0% increase in revenue to $22.464 million from $20.42
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Markforged Holding
Corp
is for a loss of 9 cents per share. For the same quarter last
year, the company reported a loss of 26 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $4.25​, above​ its last closing price of $2.76.
​​​
    * 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 2022  -0.08       -0.08      -0.08     Met     -1
 Dec. 31 2022  -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 21:00 GMT.  All
figures in US dollars  unless otherwise stated