3D Systems Corporation (NYSE:DDD) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.08 per share.
For the full year, analysts predict revenues of $ 486.92 million, while looking forward to loss of $ 0.27 per share.
Previous Quarter Performance
3D Systems Corporation revealed loss for the second quarter of $ 0.13 per share, from the revenue of $ 112.06 million. Street analysts expected 3D Systems Corporation to report loss of $ 0.10 per share on revenue of $ 117.93 million for the second quarter. The bottom line results missed street analysts by $ 0.03 or 30 percent, at the same time, top line results fell short of analysts by $ 5.87 million or 4.98 percent.
Stock Performance
Shares of 3D Systems Corporation traded low $ -0.33 or -5.29 percent on Wednesday, reaching $ 5.91 with volume of 4.00 million shares. 3D Systems Corporation has traded high as $ 6.28 and has cracked $ 5.73 on the downward trend
The closing price of $ 5.91, representing a 35.65 % increase from the 52 week low of $ 4.60 and a 50.32 % decrease over the 52 week high of $ 12.56.
The company has a market capital of $ 715.91 million and is part of the Technology sector and Computer Peripherals industry.
Recent Analyst recommendations
- On 9th October 2020, initiated by Berenberg Bank at Buy rating, with $ 8.00 target price.
3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and Class IV bio-compatible materials.
