Earnings Preview For Stratasys
Portfolio Pulse from Benzinga Insights
Stratasys (NASDAQ:SSYS) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $0.02. The company's past performance shows a mixed impact on its stock price following earnings announcements, with the last quarter resulting in a 5.35% increase after beating the EPS estimate by $0.01. Shares are currently trading at $11.69, reflecting a 16.42% decrease over the last year. Investors are looking for positive guidance for the next quarter.
March 06, 2024 | 3:01 pm
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Stratasys is expected to report an EPS of $0.02 for the upcoming quarter. Historical data shows its stock price can react positively to earnings beats. Currently trading at $11.69, the stock has seen a 16.42% decline over the past year.
Given Stratasys's history of stock price increases following earnings beats and the anticipation of positive guidance, there is a potential for short-term positive impact on SSYS stock. However, the overall yearly decline suggests caution.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100