Stratasys Ltd SSYS.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of five analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 9 cents to 12 cents per share.
Revenue fell 3.8% to $150.36 million from a year ago; analysts expected $149.60 million.
Stratasys Ltd's reported EPS for the quarter was a loss of 59 cents.
The company reported a quarterly loss of $41.94 million.
Stratasys Ltd shares had risen by 19.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 10.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the electronic equipment & parts peer group is also "buy"
Wall Street's median 12-month price target for Stratasys Ltd is $13.50
This summary was machine generated from LSEG data March 5 at 06:41 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 2024 | 0.11 | 0.12 | Beat |
Sep. 30 2024 | -0.03 | 0.01 | Beat |
Jun. 30 2024 | -0.05 | -0.04 | Beat |
Mar. 31 2024 | -0.06 | -0.02 | Beat |
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