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

Proto Labs

29/07/2021 18:12

* Proto Labs Inc  PRLB.N  reported quarterly adjusted earnings
of 39 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
44 cents per share.
* Revenue rose 15.5% to $123.05 million from a year ago; 
analysts expected $122.20 million. 
* Proto Labs Inc's reported EPS for the quarter was 47 cents​.
* The mean earnings estimate of analysts had fallen by about 14%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Proto Labs Inc shares had fallen by 8.2% this quarter and
lost 45.1% so far this year.
* The company reported quarterly net income of $12.92 million.
* Wall Street's median 12-month price target for Proto Labs Inc
is $90.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 05:12 p.m.  ​All
figures in US dollars unless otherwise stated