Earnings Preview: Stratasys
Portfolio Pulse from Benzinga Insights
Stratasys (NASDAQ:SSYS) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16, with analysts expecting an EPS of $0.03. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Stratasys's stock price has shown mixed reactions to earnings reports, with a 2.83% drop after beating EPS last quarter. Over the past year, SSYS shares have declined by 22.19%, indicating a bearish sentiment among long-term shareholders.
November 15, 2023 | 4:00 pm
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Stratasys is anticipated to report an EPS of $0.03 in its upcoming earnings, with investors focusing on guidance for future quarters. The stock has experienced a 22.19% decline over the past year, reflecting bearish sentiment.
The expected EPS of $0.03 sets a baseline for investor expectations. However, the stock's reaction to earnings can be unpredictable, as seen in the last quarter with a 2.83% drop despite an EPS beat. The 22.19% decline over the past year suggests a bearish long-term sentiment, but a positive earnings report and guidance could provide a short-term boost. The confidence score is not at the maximum due to the market's sometimes counterintuitive reaction to earnings reports.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100