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DMC Global (BOOM) Reports Q4 Earnings: What Key Metrics Have to Say
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For the quarter ended December 2023, DMC Global (BOOM - Free Report) reported revenue of $174.04 million, down 0.6% over the same period last year. EPS came in at $0.26, compared to $0.22 in the year-ago quarter.
The reported revenue represents a surprise of +1.90% over the Zacks Consensus Estimate of $170.8 million. With the consensus EPS estimate being $0.33, the EPS surprise was -21.21%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how DMC Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- DynaEnergetics: $75.31 million versus $70.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.9% change.
Net Sales- NobelClad: $30.77 million versus the two-analyst average estimate of $27.65 million. The reported number represents a year-over-year change of +33.1%.
Net Sales- Arcadia: $67.96 million versus the two-analyst average estimate of $72.65 million. The reported number represents a year-over-year change of -8.7%.
Shares of DMC Global have returned +0.1% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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DMC Global (BOOM) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended December 2023, DMC Global (BOOM - Free Report) reported revenue of $174.04 million, down 0.6% over the same period last year. EPS came in at $0.26, compared to $0.22 in the year-ago quarter.
The reported revenue represents a surprise of +1.90% over the Zacks Consensus Estimate of $170.8 million. With the consensus EPS estimate being $0.33, the EPS surprise was -21.21%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how DMC Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- DynaEnergetics: $75.31 million versus $70.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.9% change.
- Net Sales- NobelClad: $30.77 million versus the two-analyst average estimate of $27.65 million. The reported number represents a year-over-year change of +33.1%.
- Net Sales- Arcadia: $67.96 million versus the two-analyst average estimate of $72.65 million. The reported number represents a year-over-year change of -8.7%.
View all Key Company Metrics for DMC Global here>>>Shares of DMC Global have returned +0.1% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.