Proto Labs Inc expected to post earnings of 21cents a share - Earnings Preview

Proto Labs

08/02/2023 14:11

* Proto Labs Inc  PRLB.N   PRLB.K  is expected to show a
fall in
quarterly revenue when it reports  results on February 10. 
    * The Maple Plain Minnesota-based  company is expected to
report 
a 11.2% decrease in revenue to $109.751 million from $123.58
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
November 4 2022, for the period ended December 31, was for
revenue between $107.00 million and $115.00 million.
    * ​Refinitiv's mean analyst estimate for Proto Labs Inc is
for
earnings of 21 cents per share. The company's EPS guidance on
November 4 2022, for the period ended December 31, was between
$0.18 and $0.26 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "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 Proto Labs
Inc is
$37.5​, above​ its last closing price of $32.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.40        0.40       0.40      Met     0.9
 Jun. 30 2022  0.39        0.39       0.46      Beat    17.3
 Mar. 31 2022  0.29        0.29       0.38      Beat    31.9​
 Dec. 31 2021  0.28        0.27       0.41      Beat    49.6
 ​​Sep.        0.42        0.43       0.35      Missed  -17.9
 30 2021                                                
 Jun. 30 2021  0.44        0.44       0.39      Missed  -11.7​
 Mar. 31 2021  0.40        0.40       0.40      Met     -0.7
 Dec. 31 2020  0.49        0.49       0.50      Beat    2.3
 This summary was machine generated February 8 at 14:11 GMT.  All
figures in US dollars  unless otherwise stated