3D Systems Corp expected to post a loss of 1 cent a share - Earnings Preview

3D Systems

24/02/2024 02:02

* 3D Systems Corp  DDD.N   DDD  is expected to show a fall
in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Rock Hill South Carolina-based  company is expected to
report a 4.6% decrease in revenue to $126.633 million from
$132.73 million a year ago, according to the mean estimate from
6 analysts, based on LSEG data.The company's guidance on
November 8 2023, for the period ended December 31, was for
revenue between $126.27 million and $128.74 million. (SAL is
based on Total Revenue)
    * ​LSEG's mean analyst estimate for 3D Systems Corp is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for 3D Systems
Corp
is $5.35​, above​ its last closing price of $4.91. ​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.10       -0.08      0.01      Beat    112.4
 Jun. 30 2023  -0.05       -0.06      -0.07     Missed  -26.5
 Mar. 31 2023  -0.07       -0.07      -0.09     Missed  -23.8​
 Dec. 31 2022  -0.08       -0.08      -0.06     Beat    25.6
 ​​Sep.        -0.08       -0.08      -0.05     Beat    40.7
 30 2022                                                
 Jun. 30 2022  0.00        0.00       -0.07     Missed  -3,993
                                                        .6​
 Mar. 31 2022  0.00        0.00       -0.06     Missed  -4,095
                                                        .8
 Dec. 31 2021  0.03        0.03       0.09      Beat    179.3
 This summary was machine generated February 24 at 02:02 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)