DMC Global (BOOM - Free Report) reported $188.66 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 13.8%. EPS of $0.72 for the same period compares to $0.29 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $179.1 million, representing a surprise of +5.34%. The company delivered an EPS surprise of +75.61%, with the consensus EPS estimate being $0.41.
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: $84.75 million versus $77.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +25.5% change.
- Net Sales- NobelClad: $24.75 million versus the two-analyst average estimate of $24.15 million. The reported number represents a year-over-year change of +13.3%.
- Net Sales- Arcadia: $79.16 million versus the two-analyst average estimate of $77.30 million.
View all Key Company Metrics for DMC Global here>>>Shares of DMC Global have returned +6.9% over the past month versus the Zacks S&P 500 composite's +2.8% 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 - Free Report) reported $188.66 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 13.8%. EPS of $0.72 for the same period compares to $0.29 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $179.1 million, representing a surprise of +5.34%. The company delivered an EPS surprise of +75.61%, with the consensus EPS estimate being $0.41.
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: $84.75 million versus $77.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +25.5% change.
- Net Sales- NobelClad: $24.75 million versus the two-analyst average estimate of $24.15 million. The reported number represents a year-over-year change of +13.3%.
- Net Sales- Arcadia: $79.16 million versus the two-analyst average estimate of $77.30 million.
View all Key Company Metrics for DMC Global here>>>Shares of DMC Global have returned +6.9% over the past month versus the Zacks S&P 500 composite's +2.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Top 5 Dividend Stocks for Your Retirement
Zacks targets 5 well-established companies with solid fundamentals and a history of raising dividends. More importantly, they have the resources and will to likely pay them in the future.
Click now for a Special Report packed with unconventional wisdom and insights you simply won’t get from your neighborhood financial planner.
See our Top 5 now – the report is FREE >>
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