Xometry Inc reports results for the quarter ended in March - Earnings Summary
Xometry Inc XMTR reported a quarterly adjusted loss of 12 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of seven analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -18 cents to -10 cents per share.
Revenue rose 16.5% to $122.69 million from a year ago; analysts expected $119.80 million.
Xometry Inc's reported EPS for the quarter was a loss of 34 cents.
The company reported a quarterly loss of $16.62 million.
Xometry Inc shares had fallen by 6.7% this quarter and lost 56.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 420.1% 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," 2 "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 $26.00
This summary was machine generated from LSEG data May 10 at 06:54 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 |
Mar. 31 2024 | -0.13 | -0.12 | Beat |
Dec. 31 2023 | -0.01 | -0.01 | Met |
Sep. 30 2023 | -0.12 | -0.05 | Beat |
Jun. 30 2023 | -0.20 | -0.14 | Beat |