DMC Global Inc. ($BOOM) 3Q20 Earnings Sneak Peek

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DMC Global Inc. (NASDAQ:BOOM) is set to announce third quarter earning results on Thursday 22nd October 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, BOOM to report 3Q20 loss of $ 0.09 per share.

For the full year, analysts anticipate top line of $ 212.65 million, while looking forward to loss of $ 0.1 per share bottom line.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 45.00 million ~ $ 50.00 million

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. revealed loss for the second quarter of $ 0.29 per share, from the revenue of $ 43.20 million. Wall street analysts are predicting, BOOM to report 2Q20 loss of $ 0.13 per share from revenue of $ 42.95 million. The bottom line results missed street analysts by $ 0.16 or 123.08 percent, at the same time, top line results outshined analysts by $ 0.25 million or 0.58 percent.

Stock Performance

Shares of DMC Global Inc. traded low $ -0.06 or -0.18 percent on Wednesday, reaching $ 33.36 with volume of 58.20 thousand shares. DMC Global Inc. has traded high as $ 33.57 and has cracked $ 32.78 on the downward trend

The closing price of $ 33.36, representing a 65.86 % increase from the 52 week low of $ 20.15 and a 38.24 % decrease over the 52 week high of $ 54.11.

The company has a market capital of $ 492.70 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.

Conference Call

DMC Global Inc. will be hosting a conference call at 5:00 PM eastern time on 22nd October 2020, to discuss its 3Q20 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.