Stratasys (NASDAQ:SSYS) will report earnings this Thursday before market hours. Last quarter, the company beat revenue expectations by 0.7% with $138.1 million in revenues. Analysts expect a 2.4% revenue decline to $136.6 million this quarter, with adjusted earnings at $0 per share. Stratasys has missed revenue estimates three times in the last two years. Peers like Proto Labs saw 7.8% revenue growth, while 3D Systems reported a 19.2% decline. Stratasys stock is down 11.7% in the last month, with an average analyst price target of $13.33.
Investors are watching the industrial machinery sector closely as companies like Stratasys prepare to report earnings. Stay tuned for the latest updates and analysis.
Read more at Barchart: What To Expect From Stratasys’s (SSYS) Q3 Earnings
