3D Systems Corp expected to post a loss of 9 cents a share - Earnings Preview

Reuters11-22 19:07

* 3D Systems Corp is expected to show a fall in quarterly revenue when it reports results on November 26 for the period ending September 30 2024

* The Rock Hill South Carolina-based company is expected to report a 6.9% decrease in revenue to $115.269 million from $123.79 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on November 13 2024, for the period ended September 30, was for revenue of $112.900 million.

* ​LSEG's mean analyst estimate for 3D Systems Corp is for a loss of 9 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for 3D Systems Corp is $3.13​, below​ its last closing price of $3.22. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.06 -0.04 -0.14 Missed -220.6

Mar. 31 2024 -0.11 -0.09 -0.17 Missed -92.5

Dec. 31 2023 -0.01 -0.01 -0.11 Missed -792.1

​

Sep. 30 2023 -0.10 -0.08 0.01 Beat 112.4

​​Jun. -0.05 -0.06 -0.07 Missed -26.5

30 2023

Mar. 31 2023 -0.07 -0.07 -0.09 Missed -23.8​

Dec. 31 2022 -0.08 -0.08 -0.06 Beat 25.6

Sep. 30 2022 -0.08 -0.08 -0.05 Beat 40.7

This summary was machine generated November 22 at 11:07 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)

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