Piper Jaffray Maintains SSYS Estimates

Piper Jaffray is maintaining its current estimates for Q4, “but believe Stratasys, Inc. SSYS could potentially exceed consensus estimates with a solid close over the next few days.” “Stratasys did not provide guidance for the December quarter or FY10, but did make qualitative statements suggesting that conditions early in the quarter exhibited a continuation of the positive sales momentum seen in the September quarter,” Piper Jaffray writes. “For FY11, we are expecting sales and EPS of $144.5M and $0.84, respectively, versus consensus estimates of $143M and $0.80.” Stratasys closed Wednesday at $32.39.