Proto Labs Inc expected to post earnings of 35 cents a share - Earnings Preview

Proto Labs

31/07/2024 14:47

* Proto Labs Inc  PRLB.N   PRLB.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 2 for the
period ending January 1 0001
    * The Maple Plain Minnesota-based  company is expected to
report a
3.3% increase in revenue to $126.245 million from $122.27
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on May 3
2024, for the period ended June 30, was for revenue between
$122.00 million and $130.00 million.
    * ​LSEG's mean analyst estimate for Proto Labs Inc is for
earnings
of 35 cents per share. The company's EPS guidance on May 3 2024,
for the period ended June 30, was between $0.30 and $0.38 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
$44.00​, above​ its last closing price of $34.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.31        0.31       0.40      Beat    28
 Sep. 30 2024  0.30        0.30       0.46      Beat    51.1
 Sep. 30 2023  0.30        0.30       0.51      Beat    71.4​
 Jun. 30 2023  0.30        0.30       0.33      Beat    10.5
 ​​Mar.        0.23        0.23       0.30      Beat    29.3
 31 2023                                                
 Jan. 1 0001   0.21        0.21       0.26      Beat    24.1​
 Sep. 30 2022  0.40        0.40       0.40      Met     0.9
 Jan. 1 0001   0.39        0.39       0.46      Beat    17.3
 This summary was machine generated July 31 at 13:47 GMT.  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)