Proto Labs Inc reports results for the quarter ended in December - Earnings Summary

Proto Labs

10/02/2023 14:31

* Proto Labs Inc  PRLB.N  reported quarterly adjusted
earnings of
26 cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
21 cents per share.
    * Revenue fell 6.5% to $115.61 million from a year ago;
analysts
expected $109.75 million. 
    * Proto Labs Inc's reported EPS for the quarter was a loss
of
$4.24​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Proto Labs Inc shares had risen by 19.2% this quarter.
    * The company reported a quarterly loss of $115.07 million.
    * Wall Street's median 12-month price target for Proto Labs
Inc is
$37.50 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.26           Beat
 Sep. 30 2022      0.40           0.40           Met
 Jun. 30 2022      0.39           0.46           Beat
 Mar. 31 2022      0.29           0.38           Beat