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Stratasys (SSYS) Q4 Earnings and Revenues Lag Estimates
StratasysStratasys(US:SSYS) Zacks Investment Research·2024-03-07 14:46

Company Performance - Stratasys reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share, and down from $0.07 per share a year ago, representing an earnings surprise of -50% [1] - The company posted revenues of $156.34 million for the quarter, missing the Zacks Consensus Estimate by 2.93%, and down from $159.26 million year-over-year [1] - Over the last four quarters, Stratasys has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [1] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.07 on revenues of $157.16 million, and for the current fiscal year, it is $0.37 on revenues of $680.39 million [4] - The estimate revisions trend for Stratasys is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Industry Context - The Computer - Peripheral Equipment industry, to which Stratasys belongs, is currently in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [5] - TransAct Technologies Incorporated, another company in the same industry, is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year change of -200% [5][6]