Xometry Inc reports results for the quarter ended in December - Earnings Summary

Xometry

29/02/2024 15:11

* Xometry Inc  XMTR.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -29
cents.  The mean expectation of eight analysts for the quarter
was for a loss of one cent per share. Wall Street expected
results to range from -7 cents to 2 cents per share.
    * Revenue rose 30.5% to $128.15 million from a year ago;
analysts
expected $128.02 million. 
    * Xometry Inc's reported EPS for the quarter was a loss
of 22
cents​.
    * The company reported a quarterly loss of $10.55 million.
    * Xometry Inc shares had fallen by 16.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 23.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Xometry Inc is
$35.00 
This summary was machine generated from LSEG data February 29 at
03:10 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.01          -0.01          Met
 Sep. 30 2023      -0.12          -0.05          Beat
 Jun. 30 2023      -0.20          -0.14          Beat
 Mar. 31 2023      -0.23          -0.20          Beat