Stratasys Ltd expected to post a loss of 6 cents a share - Earnings Preview

Stratasys

10/05/2024 14:16

* Stratasys Ltd  SSYS.OQ   SSYS.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 14 (estimated)
for the period ending March 31 2024
    * The Eden Prairie Minnesota-based  company is expected to
report
a 3.7% decrease in revenue to $143.817 million from $149.38
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 6 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 had fallen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Stratasys
Ltd is
$15.86​, above​ its last closing price of $9.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.02        0.02       0.02      Met     -7.7
 Sep. 30 0001  0.03        0.03       0.04      Beat    42.9
 Jun. 30 2023  0.01        0.00       0.04      Beat    ​
 Mar. 31 2023  -0.05       -0.06      0.02      Beat    135
 ​​Jan.        0.03        0.03       0.07      Beat    164.2
 1 0001                                                 
 Sep. 30 2022  0.03        0.02       0.05      Beat    101.8​
 Jun. 30 2022  0.00        -0.01      0.02      Beat    300
 Mar. 31 2022  -0.04       -0.04      0.02      Beat    150
 This summary was machine generated May 10 at 13:16 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)