Stratasys Ltd expected to post a loss of 5 cents a share - Earnings Preview

Stratasys

05/08/2024 16:04

* Stratasys Ltd  SSYS.OQ   SSYS.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 14
(estimated) for the period ending June 30 2024
    * The Eden Prairie Minnesota-based  company is expected to
report
a 8.4% decrease in revenue to $146.339 million from $159.75
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Stratasys Ltd is for a
loss
of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stratasys
Ltd is
$14.50​, above​ its last closing price of $7.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.07       -0.06      -0.02     Beat    69.2
 Dec. 31 2024  0.02        0.02       0.02      Met     -7.7
 Sep. 30 2023  0.03        0.03       0.04      Beat    42.9​
 Jun. 30 2023  0.01        0.00       0.04      Beat    
 ​​Mar.        -0.05       -0.06      0.02      Beat    135
 31 2023                                                
 Dec. 31 2022  0.03        0.03       0.07      Beat    164.2​
 Sep. 30 2022  0.03        0.02       0.05      Beat    101.8
 Jun. 30 2022  0.00        -0.01      0.02      Beat    300
 This summary was machine generated August 5 at 15:04 GMT.  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)