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Stock impact report

Markforged (MKFG) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]

Markforged Holding Corporation (MKFG) 
Company Research Source: Yahoo! Finance
Markforged met analysts' revenue expectations last quarter, reporting revenues of $21.69 million, down 14.8% year on year. It was a slower quarter for the company, with full-year revenue guidance missing analysts' expectations. Is Markforged a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Markforged's revenue to grow 12.3% year on year to $22.54 million, a reversal from the 20.4% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.48 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Markforged has missed Wall Street's revenue estimates twice over the last two years. Looking at Markforged's peers in the industrial machinery segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Proto Labs Show less Read more
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