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

Proto Labs

05/05/2023 14:31

* Proto Labs Inc  PRLB.N  reported quarterly adjusted
earnings of
30 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
23 cents per share.
    * Revenue rose 1.4% to $125.86 million from a year ago;
analysts
expected $118.17 million. 
    * Proto Labs Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.4%
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 fallen by 15.4% this quarter and
gained 9.8% so far this year.
    * The company reported quarterly net income of $2.66
million.
    * Wall Street's median 12-month price target for Proto Labs
Inc is
$42.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
5 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.23           0.30           Beat
 Dec. 31 2022      0.21           0.26           Beat
 Sep. 30 2022      0.40           0.40           Met
 Jun. 30 2022      0.39           0.46           Beat