Proto Labs Inc expected to post earnings of 30  cents a share - Earnings Preview

Proto Labs

02/08/2023 19:32

* Proto Labs Inc  PRLB.N   PRLB.K  is expected to show a
fall in
quarterly revenue when it reports  results on August 4. 
    * The Maple Plain Minnesota-based  company is expected to
report 
a 3.0% decrease in revenue to $123.12 million from $126.9
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on May
5 2023, for the period ended June 30, was for revenue between
$119.00 million and $127.00 million.
    * ​Refinitiv's mean analyst estimate for Proto Labs Inc is
for
earnings of 30 cents per share. The company's EPS guidance on
May 5 2023, for the period ended June 30, was between $0.26 and
$0.34 
    * 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
$43​, above​ its last closing price of $33.07. ​​​

The company's guidance on May 5 2023 for the period ended June
30 was for gross profit margin between USD43.22% and USD43.72%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.23        0.23       0.30      Beat    29.3
 Dec. 31 2023  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.        0.29        0.29       0.38      Beat    31.9
 31 2022                                                
 Dec. 31 2021  0.28        0.27       0.41      Beat    49.6​
 Sep. 30 2021  0.42        0.43       0.35      Missed  -17.9
 Jun. 30 2021  0.44        0.44       0.39      Missed  -11.7
 This summary was machine generated August 2 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated