We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What's in Store for Stratasys (SSYS) This Earnings Season?
Read MoreHide Full Article
Stratasys Ltd. (SSYS - Free Report) is slated to release first-quarter 2020 results on May 14.
The Zacks Consensus Estimate for first-quarter revenues is pegged at $140.9 million, suggesting a 9.3% decline from the year-ago reported figure.
The company is likely to report a loss in the quarter. The Zacks Consensus Estimate is pegged at a loss per share of 4 cents, which compares unfavorably with the year-ago quarter’s performance. The 3D printer maker had reported earnings per share of 10 cents in the first quarter of 2019.
Stratasys surpassed estimates in two of the trailing four quarters for as many misses, the average positive surprise being 10.7%.
Let’s see how things have shaped up for the upcoming announcement.
Factors at play
During the fourth-quarter 2019 earnings conference call, Stratasys had noted that it expects the first-quarter 2020 performance to be negatively impacted by significant macroeconomic headwinds due to the coronavirus menace.
The coronavirus-induced massive supply-chain disruptions might have hurt Stratasys’ product shipments in the quarter under review. Additionally, as the pandemic has had a sector-wide impact, some of Stratasys’ customers are expected to have either cancelled or postponed purchases.
Furthermore, a bleak 3D printing demand due to the prevalent weakness in manufacturing activities and industrial productions are likely to have hurt Stratasys’ quarterly performance.
What Our Model Says
Our proven model predicts an earnings beat for Stratasys this season. The combination of a positive Earnings ESP, and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), increases the chances of an earnings beat. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter.
Stratasys currently carries a Zacks Rank of 3 and has an Earnings ESP of +20.00%.
Some Other Stocks With Favorable Combinations
Here are some other companies, which, per our model, have the right combination of elements to post an earnings beat this quarter:
CrowdStrike Holdings Inc. (CRWD - Free Report) has an Earnings ESP of +3.57% and holds a Zacks Rank of 2 currently.
Cisco Systems Inc. (CSCO - Free Report) has an Earnings ESP of +6.29% and carries a Zacks Rank #3, at present.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.1% per year.
These 7 were selected because of their superior potential for immediate breakout.
Image: Shutterstock
What's in Store for Stratasys (SSYS) This Earnings Season?
Stratasys Ltd. (SSYS - Free Report) is slated to release first-quarter 2020 results on May 14.
The Zacks Consensus Estimate for first-quarter revenues is pegged at $140.9 million, suggesting a 9.3% decline from the year-ago reported figure.
The company is likely to report a loss in the quarter. The Zacks Consensus Estimate is pegged at a loss per share of 4 cents, which compares unfavorably with the year-ago quarter’s performance. The 3D printer maker had reported earnings per share of 10 cents in the first quarter of 2019.
Stratasys surpassed estimates in two of the trailing four quarters for as many misses, the average positive surprise being 10.7%.
Stratasys Ltd Price and Consensus
Stratasys Ltd price-consensus-chart | Stratasys Ltd Quote
Let’s see how things have shaped up for the upcoming announcement.
Factors at play
During the fourth-quarter 2019 earnings conference call, Stratasys had noted that it expects the first-quarter 2020 performance to be negatively impacted by significant macroeconomic headwinds due to the coronavirus menace.
The coronavirus-induced massive supply-chain disruptions might have hurt Stratasys’ product shipments in the quarter under review. Additionally, as the pandemic has had a sector-wide impact, some of Stratasys’ customers are expected to have either cancelled or postponed purchases.
Furthermore, a bleak 3D printing demand due to the prevalent weakness in manufacturing activities and industrial productions are likely to have hurt Stratasys’ quarterly performance.
What Our Model Says
Our proven model predicts an earnings beat for Stratasys this season. The combination of a positive Earnings ESP, and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), increases the chances of an earnings beat. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter.
Stratasys currently carries a Zacks Rank of 3 and has an Earnings ESP of +20.00%.
Some Other Stocks With Favorable Combinations
Here are some other companies, which, per our model, have the right combination of elements to post an earnings beat this quarter:
NVIDIA Corporation (NVDA - Free Report) has an Earnings ESP of +0.15% and currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
CrowdStrike Holdings Inc. (CRWD - Free Report) has an Earnings ESP of +3.57% and holds a Zacks Rank of 2 currently.
Cisco Systems Inc. (CSCO - Free Report) has an Earnings ESP of +6.29% and carries a Zacks Rank #3, at present.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.1% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>