Desktop Metal Inc <DM.N> expected to post a loss of 28 cents a share - Earnings Preview

• Desktop Metal Inc DM.N, DM is expected to show a fall in quarterly revenue when it reports results on March 24 (estimated) for the period ending December 31 2024

• The Burlington Massachusetts-based company is expected to report a 15.8% decrease in revenue to $44.1 million from $52.35 million a year ago, according to the estimate from one analyst, based on LSEG data.

• ​LSEG's mean analyst estimate for Desktop Metal Inc is for a loss of 28 cents per share.

• The one available analyst rating on the shares is "hold".

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Desktop Metal Inc is $5.00​, above​ its last closing price of $2.42. ​​​

This summary was machine generated March 21 at 12:36 GMT. 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)