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.
Can Stratasys (SSYS) Pull Off a Surprise in Q2 Earnings?
Read MoreHide Full Article
Stratasys Ltd. (SSYS - Free Report) is set to report second-quarter 2016 results on Aug 4. Last quarter, the company posted a positive earnings surprise of 60%. Let's see how things are shaping up for this announcement.
Factors at Play
Stratasys reported better-than-expected first-quarter results and provided an encouraging guidance for full year 2016. However, year-over-year revenue comparisons were unfavorable. The company’s quarterly results were negatively impacted by difficult market conditions and lower-than-expected performance at its MakerBot business.
Moreover, some customers are delaying their purchases owing to the current economic conditions. In the 3D printer business, the majority of customers have moved toward the lower-priced uPrint, which may affect the company’s margins in the to-be-reported quarter. Competition from 3D Systems Corporation (DDD - Free Report) is also a potent headwind.
Our proven model does not conclusively show that Stratasys is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP: Earnings ESP for Stratasys is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 7 cents per share.
Zacks Rank: Stratasys carries a Zacks Rank #3 which when combined with an ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter:
Qualys, Inc. (QLYS - Free Report) , with an Earnings ESP of +12.50% and a Zacks Rank #3
CenturyLink, Inc. with an Earnings ESP of +1.70% and a Zacks Rank #3
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Can Stratasys (SSYS) Pull Off a Surprise in Q2 Earnings?
Stratasys Ltd. (SSYS - Free Report) is set to report second-quarter 2016 results on Aug 4. Last quarter, the company posted a positive earnings surprise of 60%. Let's see how things are shaping up for this announcement.
Factors at Play
Stratasys reported better-than-expected first-quarter results and provided an encouraging guidance for full year 2016. However, year-over-year revenue comparisons were unfavorable. The company’s quarterly results were negatively impacted by difficult market conditions and lower-than-expected performance at its MakerBot business.
Moreover, some customers are delaying their purchases owing to the current economic conditions. In the 3D printer business, the majority of customers have moved toward the lower-priced uPrint, which may affect the company’s margins in the to-be-reported quarter. Competition from 3D Systems Corporation (DDD - Free Report) is also a potent headwind.
STRATASYS LTD Price and EPS Surprise
STRATASYS LTD Price and EPS Surprise | STRATASYS LTD Quote
Earnings Whispers
Our proven model does not conclusively show that Stratasys is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP: Earnings ESP for Stratasys is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 7 cents per share.
Zacks Rank: Stratasys carries a Zacks Rank #3 which when combined with an ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter:
Qualys, Inc. (QLYS - Free Report) , with an Earnings ESP of +12.50% and a Zacks Rank #3
CenturyLink, Inc. with an Earnings ESP of +1.70% and a Zacks Rank #3
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>