Shapeways Holdings Inc reports results for the quarter ended in December - Earnings Summary

Shapeways Holdings

28/03/2024 22:23

* Shapeways Holdings Inc  SHPW.OQ  reported a quarterly
adjusted
loss of 91 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $-1.04.  The lone analyst forecast for the
quarter was for a loss of 95 cents per share. 
    * Revenue rose 8.6% to $9.45 million from a year ago;
analysts
expected $9.25 million. 
    * Shapeways Holdings Inc's reported EPS for the quarter was
a loss
of $1.52​.
    * The company reported a quarterly loss of $10.53 million.
    * Shapeways Holdings Inc shares had fallen by 21.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the integrated
hardware
& software peer group is also "buy"

Wall Street's median 12-month price target for Shapeways
Holdings Inc is $4.00 
This summary was machine generated from LSEG data March 28 at
10:23 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.95          -0.91          Beat
 Sep. 30 2023      -0.95          -1.37          Missed
 Jun. 30 2023      -1.12          -0.99          Beat
 Mar. 31 2023      -1.04          -1.12          Missed