DMC Global Inc. (NASDAQ:BOOM) is reporting second quarter financial results on Thursday 23rd July 2020, after market close.
According to analysts surveyed by Thomson Reuters, BOOM is expected to report 2Q20 loss of $ 0.13 per share from revenue of $ 42.95 million.
For the full year, analysts anticipate top line of $ 220.36 million, while looking forward to income of $ 0.06 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 370.00 million ~ $ 400.00 million, where as bottomline are predicted in a range of $ 3.00 ~ $ 3.30 per share
Click Here For More Historical Outlooks Of DMC Global Inc.
Previous Quarter Performance
DMC Global Inc. posted income for the first quarter of $ 0.35 per share, from the revenue of $ 73.56 million. The quarterly earnings reduced 65.69 percent while revenues lowered 26.54 percent compared with the same quarter last year.
Wall street analysts are predicting, BOOM to report 1Q20 income of $ 0.40 per share from revenue of $ 73.72 million. The bottom line results missed street analysts by $ 0.05 or 12.5 percent, at the same time, top line results fell short of analysts by $ 0.16 million or 0.22 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of BOOM was $ 28.61, representing a 41.99 % increase from the 52 week low of $ 20.15 and a 55.62 % decrease over the 52 week high of $ 64.47.
The company has a market capital of $ 422.03 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
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Conference Call
DMC Global Inc. will be hosting a conference call at 5:00 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dmcglobal.com
DMC Global Inc. engages in technical product and process businesses serving the energy, industrial, and infrastructure markets worldwide. The company operates in two segments, NobelClad and DynaEnergetics.
