3D Systems Corp reports results for the quarter ended September 30 - Earnings Summary

3D Systems

26/11/2024 22:02

* 3D Systems Corp  DDD.N  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 1
cents.  The mean expectation of six analysts for the quarter was
for a loss of 9 cents per share. Wall Street expected results to
range from -11 cents to -7 cents per share.
    * Revenue fell 8.8% to $112.94 million from a year ago;
analysts
expected $115.27 million. 
    * 3D Systems Corp's reported EPS for the quarter was a loss
of
$1.35​.
    * The company reported a quarterly loss of $178.63 million.
    * 3D Systems Corp shares had risen by 20.8% this quarter and
lost 46.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 395.6% 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "hold"

Wall Street's median 12-month price target for 3D Systems Corp
is $3.13 
This summary was machine generated from LSEG data November 26 at
10:02 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.09          -0.12          Missed
 Jun. 30 2024      -0.04          -0.14          Missed
 Mar. 31 2024      -0.09          -0.17          Missed
 Dec. 31 2023      -0.01          -0.11          Missed