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

Proto Labs

01/11/2023 18:34

* Proto Labs Inc  PRLB.N   PRLB.K  is expected to show a
rise in
quarterly revenue when it reports  results on November 3. 
    * The Maple Plain Minnesota-based  company is expected to
report 
a 0.9% increase in revenue to $122.769 million from $121.72
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. The company's guidance on August 4
2023, for the period ended September 30, was for revenue between
$118.00 million and $126.00 million.
    * ​Refinitiv's mean analyst estimate for Proto Labs Inc is
for
earnings of 30 cents per share. The company's EPS guidance on
August 4 2023, for the period ended September 30, was between
$0.26 and $0.34 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "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
$45​, above​ its last closing price of $23.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.30        0.30       0.33      Beat    10.5
 Mar. 31 2023  0.23        0.23       0.30      Beat    29.3
 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.        0.39        0.39       0.46      Beat    17.3
 30 2022                                                
 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. 30 2021  0.42        0.43       0.35      Missed  -17.9
 This summary was machine generated November 1 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated