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

Proto Labs

04/11/2022 13:35

* Proto Labs Inc  PRLB.N  reported quarterly adjusted
earnings of
40 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue fell 2.9% to $121.72 million from a year ago;
analysts
expected $126.11 million. 
    * Proto Labs Inc's reported EPS for the quarter was 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.6%
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 2.0% this quarter and
lost 30.5% so far this year.
    * The company reported quarterly net income of $3.95
million.
    * Wall Street's median 12-month price target for Proto Labs
Inc is
$45.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 01:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.40           0.40           Met
 Jun. 30 2022      0.39           0.46           Beat
 Mar. 31 2022      0.29           0.38           Beat
 Dec. 31 2021      0.27           0.41           Beat