Proto Labs, Inc. (PRLB - Free Report) specializes in manufacturing custom parts for prototyping and short-run production. The company has a strong product-line, with new introductions likely to capture a greater market share. Demands for its services are high among product developers using three-dimensional computer-aided design to develop products across a diverse range of end-markets. It currently has a $1.4 billion market capitalization.
However, Proto Labs faces risks from geopolitical issues and a competitive business environment. Also, uncertain economic conditions or depressed industrial activities as well as adverse foreign currency movements can severely impact its financials. Investors are eagerly waiting for the company’s latest earnings report.
Proto Labs’ financial performances were lower-than-expected in three out of four trailing quarters and above expectations in one. Average earnings surprise is a negative 2.76%.
Currently, PRLB carries a Zacks Rank #3 (Hold), but that could definitely change after the release of its upcoming earnings report. You can see the complete list of today’s Zacks #1 Rank stocks here. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Proto Labs’ third-quarter 2016 non-GAAP earnings came in at 51 cents per share or roughly 47 cents per share including stock-based compensation expense. The bottom line result of 47 cents was above the Zacks Consensus Estimate of 39 cents per share.
Revenue: Revenues surpassed. Proto Labs generated revenues of $78.2 million, above the Zacks Consensus Estimate of $75.4 million.
Key Stats to Note: Revenue generation from the Fineline assets increased 63.1% over the year-ago tally. Also, the company recorded 14% increase in number of unique product developers and engineers served.
Stock Price: Proto Labs shares were down 1.63% ahead of the report while no movement has been recorded in the pre-market trading session.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Proto Labs, Inc. (PRLB - Free Report) specializes in manufacturing custom parts for prototyping and short-run production. The company has a strong product-line, with new introductions likely to capture a greater market share. Demands for its services are high among product developers using three-dimensional computer-aided design to develop products across a diverse range of end-markets. It currently has a $1.4 billion market capitalization.
However, Proto Labs faces risks from geopolitical issues and a competitive business environment. Also, uncertain economic conditions or depressed industrial activities as well as adverse foreign currency movements can severely impact its financials. Investors are eagerly waiting for the company’s latest earnings report.
Proto Labs’ financial performances were lower-than-expected in three out of four trailing quarters and above expectations in one. Average earnings surprise is a negative 2.76%.
Currently, PRLB carries a Zacks Rank #3 (Hold), but that could definitely change after the release of its upcoming earnings report. You can see the complete list of today’s Zacks #1 Rank stocks here. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Proto Labs’ third-quarter 2016 non-GAAP earnings came in at 51 cents per share or roughly 47 cents per share including stock-based compensation expense. The bottom line result of 47 cents was above the Zacks Consensus Estimate of 39 cents per share.
Revenue: Revenues surpassed. Proto Labs generated revenues of $78.2 million, above the Zacks Consensus Estimate of $75.4 million.
Key Stats to Note: Revenue generation from the Fineline assets increased 63.1% over the year-ago tally. Also, the company recorded 14% increase in number of unique product developers and engineers served.
Stock Price: Proto Labs shares were down 1.63% ahead of the report while no movement has been recorded in the pre-market trading session.
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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