Proto Labs Inc expected to post earnings of 23  cents a share - Earnings Preview

Proto Labs

03/05/2023 15:47

* Proto Labs Inc  PRLB.N   PRLB.K  is expected to show a
fall in
quarterly revenue when it reports  results on May 5. 
    * The Maple Plain Minnesota-based  company is expected to
report 
a 4.8% decrease in revenue to $118.174 million from $124.17
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 10 2023, for the period ended March 31, was for revenue
between $114.00 million and $122.00 million.
    * ​Refinitiv's mean analyst estimate for Proto Labs Inc is
for
earnings of 23 cents per share. The company's EPS guidance on
February 10 2023, for the period ended March 31, was between
$0.18 and $0.26 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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
$42.5​, above​ its last closing price of $28.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.21        0.21       0.26      Beat    24.1
 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.        0.28        0.27       0.41      Beat    49.6
 31 2021                                                
 Sep. 30 2021  0.42        0.43       0.35      Missed  -17.9​
 Jun. 30 2021  0.44        0.44       0.39      Missed  -11.7
 Mar. 31 2021  0.40        0.40       0.40      Met     -0.7
 This summary was machine generated May 3 at 14:47 GMT.  All
figures in US dollars  unless otherwise stated