Stratasys SSYS will release its quarterly earnings report on Wednesday, 2024-11-13. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Stratasys to report an earnings per share (EPS) of $-0.03.
The market awaits Stratasys's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Historical Earnings Performance
Last quarter the company beat EPS by $0.01, which was followed by a 0.72% drop in the share price the next day.
Here's a look at Stratasys's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.06 | 0.02 | 0.03 |
| EPS Actual | -0.04 | -0.02 | 0.02 | 0.04 |
| Price Change % | -1.0% | 2.0% | -1.0% | 5.0% |
Stratasys Share Price Analysis
Shares of Stratasys were trading at $8.75 as of November 11. Over the last 52-week period, shares are down 22.2%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Stratasys visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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