Xometry Inc reports results for the quarter ended March 31 - Earnings Summary

• Xometry Inc XMTR.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of ten analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -4 cents to 1 cents per share.

• Revenue rose 23.1% to $150.97 million from a year ago; analysts expected $148.11 million.

• Xometry Inc's reported EPS for the quarter was a loss of 30 cents​.

• The company reported a quarterly loss of $15.08 million.

• Xometry Inc shares had risen by 10.4% this quarter and lost 35.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 115.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "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 $33.00

This summary was machine generated from LSEG data May 6 at 01:32 p.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)