3D Systems (DDD) Set to Announce Quarterly Earnings on Wednesday

3D Systems (NYSE:DDD) will issue its quarterly earnings data after the market closes on Wednesday, May 2nd. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.

3D Systems (NYSE:DDD) last announced its quarterly earnings data on Wednesday, March 14th. The 3D printing company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.04. 3D Systems had a negative net margin of 10.24% and a negative return on equity of 8.48%. The company had revenue of $177.30 million during the quarter, compared to analyst estimates of $164.87 million. During the same period in the previous year, the business earned $0.15 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, analysts expect 3D Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

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Shares of NYSE DDD opened at $11.21 on Wednesday. 3D Systems has a twelve month low of $7.92 and a twelve month high of $23.70. The company has a market capitalization of $1,306.00, a P/E ratio of -19.67 and a beta of 1.43. The company has a quick ratio of 1.62, a current ratio of 2.12 and a debt-to-equity ratio of 0.01.

DDD has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of 3D Systems from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Vetr raised shares of 3D Systems from a “buy” rating to a “strong-buy” rating and set a $12.44 target price for the company in a research report on Tuesday, January 16th. JPMorgan Chase downgraded shares of 3D Systems from a “neutral” rating to an “underweight” rating and set a $11.00 target price for the company. in a research report on Friday, February 9th. William Blair reaffirmed an “outperform” rating on shares of 3D Systems in a research report on Thursday, January 25th. Finally, Susquehanna Bancshares set a $12.00 target price on shares of 3D Systems and gave the stock a “hold” rating in a research report on Friday, March 16th. Seven investment analysts have rated the stock with a sell rating, ten have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $12.33.

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About 3D Systems

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.

Earnings History for 3D Systems (NYSE:DDD)

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