3D Systems Corp expected to post a loss of 4 cents a share - Earnings Preview

3D Systems

27/08/2024 21:10

* 3D Systems Corp  DDD.N   DDD  is expected to show a fall
in
quarterly revenue when it reports  results on August 29 for the
period ending June 30 2024
    * The Rock Hill South Carolina-based  company is expected to
report a 9.2% decrease in revenue to $116.455 million from
$128.19 million a year ago, according to the mean estimate from
6 analysts, based on LSEG data.The company's guidance on August
20 2024, for the period ended June 30, was for revenue between
$113.00 million and $113.50 million.
    * ​LSEG's mean analyst estimate for 3D Systems Corp is for a
loss
of 4 cents 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 had fallen by
about 8.2%
in the last three months. ​
    * Wall Street's median 12-month price target for 3D Systems
Corp
is $4.50​, above​ its last closing price of $2.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.11       -0.09      -0.17     Missed  -92.5
 Jan. 1 2024   -0.01       -0.01      -0.11     Missed  -792.1
 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.        -0.07       -0.07      -0.09     Missed  -23.8
 31 2023                                                
 Dec. 31 2022  -0.08       -0.08      -0.06     Beat    25.6​
 Sep. 30 2022  -0.08       -0.08      -0.05     Beat    40.7
 Jan. 1 0001   0.00        0.00       -0.07     Missed  -3,993
                                                        .6
 This summary was machine generated August 27 at 20:10 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)