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.
Proto Labs (PRLB) Beats Q4 Earnings, Revenues In Line
Read MoreHide Full Article
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 $1.36 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 two out of four trailing quarters and above expectations in two. Average earnings surprise is a positive 1.60%.
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’ fourth-quarter 2016 non-GAAP earnings came in at 41 cents per share. The bottom line result was above the Zacks Consensus Estimate of 35 cents per share.
Revenue: Revenues roughly in line. Proto Labs generated revenues of $7.4 million, roughly in line with the Zacks Consensus Estimate of $72.49 million.
Key Stats to Note: The company recorded 13.1% year-over-year increase in number of unique product developers and engineers served.
Stock Price: Proto Labs shares were up 0.78% ahead of the report while no movement has been recorded in the pre-market trading session.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Proto Labs (PRLB) Beats Q4 Earnings, Revenues In Line
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 $1.36 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 two out of four trailing quarters and above expectations in two. Average earnings surprise is a positive 1.60%.
Proto Labs, Inc. Price and EPS Surprise
Proto Labs, Inc. Price and EPS Surprise | Proto Labs, Inc. Quote
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’ fourth-quarter 2016 non-GAAP earnings came in at 41 cents per share. The bottom line result was above the Zacks Consensus Estimate of 35 cents per share.
Revenue: Revenues roughly in line. Proto Labs generated revenues of $7.4 million, roughly in line with the Zacks Consensus Estimate of $72.49 million.
Key Stats to Note: The company recorded 13.1% year-over-year increase in number of unique product developers and engineers served.
Stock Price: Proto Labs shares were up 0.78% ahead of the report while no movement has been recorded in the pre-market trading session.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>