* Xometry Inc reported quarterly adjusted earnings of 2 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of nine analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -6 cents to 1 cents per share.
* Revenue rose 19.1% to $141.70 million from a year ago; analysts expected $137.70 million.
* Xometry Inc's reported EPS for the quarter was a loss of 21 cents.
* The company reported a quarterly loss of $10.2 million.
* Xometry Inc shares had risen by 20.1% this quarter and lost 38.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 63.7% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
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 1 "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 $25.00 This summary was machine generated from LSEG data November 6 at 04:58 a.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
Sep. 30 2024 -0.02 0.02 Beat
Jun. 30 2024 -0.12 -0.01 Beat
Mar. 31 2024 -0.13 -0.12 Beat
Dec. 31 2023 -0.01 -0.01 Met
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