- 3D Systems Corporation DDD and Stratasys, Ltd. SSYS are scheduled to report their third-quarter financial results on Wednesday morning.
- Shares of 3D Systems were trading down on Tuesday, while shares of Stratasys were substantially up.
- Let’s take a look at what the Street and the crowd are expecting for the earnings reports.
3D Systems
According to Estimize, 3D Systems is expected to deliver quite a weak quarter.
Both the Street and the crowd are modeling consensus earnings of $0.06 per share on revenue of $179.41 million and $179.96 million, respectively. These estimates imply a 66.66 percent year-over-year decline in earnings from the EPS of $0.18 on revenue of $166.9 million retrieved a year ago. However, these results would also represent an amelioration from last quarter’s earnings of $0.03 per share on revenue of $170.5 million.
Related Link: Piper Jaffray's Jensen Still Sees 3D Systems Expectations As 'Too High'
It should be noted from the chart above that the small-cap 3D printing company has tended to miss estimates over the past couple of years.
Stratasys
According to Estimize, the Street is anticipating a 94.8 percent year-over-year deterioration in earnings, from $0.58 per share registered in the third quarter of 2014, to $0.03 per share this quarter. Revenue is also expected to decline from $203.6 million to $171.06 million.
The crowd is only slightly less bearish, projecting EPS of $0.04 on revenue of $174.88 million.
However, investors should note that trends at Stratasys are not as clear as they were in 3D Systems. Over the past couple of years, the company has tended to beat estimates by a small margin in a few of the most recent quarters.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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