A Preview Of 3D Sys's Earnings
Portfolio Pulse from Benzinga Insights
3D Systems (NYSE:DDD) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $-0.01. Investors are hopeful for a beat on this estimate and positive future guidance. Historically, the company's stock price has reacted to past earnings performances and guidance. Shares are currently trading at $4.91, down 48.21% over the last year, indicating a bearish sentiment among long-term shareholders.
February 26, 2024 | 7:00 pm
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3D Systems is expected to report an EPS of $-0.01 for the upcoming earnings, with historical performance showing significant stock price reactions to earnings outcomes and guidance.
The expected EPS of $-0.01 sets a cautious tone, but investors are hopeful for positive surprises in earnings and guidance. Historical data shows that 3D Systems' stock price is sensitive to earnings outcomes and future outlooks, indicating potential short-term volatility. However, the long-term bearish sentiment, reflected by a 48.21% decline over the past year, may temper expectations. The short-term impact is assessed as neutral due to the uncertainty surrounding the earnings outcome and its effect on stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100