Xometry Inc expected to post a loss of 12 cents a share - Earnings Preview

Xometry

06/08/2024 19:55

* Xometry Inc  XMTR.OQ   XMTR.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The North Bethesda Maryland-based  company is expected to
report
a 15.9% increase in revenue to $128.648 million from $111.01
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$127.00 million and $129.00 million.
    * ​LSEG's mean analyst estimate for Xometry Inc is for a
loss
of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 1 "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 Xometry Inc
is
$24.00​, above​ its last closing price of $12.49. ​​​

The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 127 million and -6 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.13       -0.13      -0.12     Beat    10.3
 Dec. 31 2024  0.01        -0.01      -0.01     Met     6.3
 Sep. 30 2023  -0.12       -0.12      -0.05     Beat    59.1​
 Jun. 30 2023  -0.20       -0.20      -0.14     Beat    30.4
 ​​Mar.        -0.23       -0.23      -0.20     Beat    12.7
 31 2023                                                
 Jan. 1 0001   -0.23       -0.23      -0.29     Missed  -26.5​
 Sep. 30 2022  -0.22       -0.22      -0.11     Beat    49.1
 Jun. 30 2022  -0.28       -0.28      -0.18     Beat    35.7
 This summary was machine generated August 6 at 18:54 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)