Proto Labs (PRLB) to Release Earnings on Friday

Proto Labs (NYSE:PRLBGet Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Friday, May 3rd. Analysts expect Proto Labs to post earnings of $0.30 per share for the quarter. Proto Labs has set its Q1 guidance at $0.26-0.34 EPS and its Q1 2024 guidance at 0.260-0.340 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Proto Labs (NYSE:PRLBGet Free Report) last issued its quarterly earnings data on Friday, February 9th. The industrial products company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Proto Labs had a net margin of 3.42% and a return on equity of 2.51%. The firm had revenue of $125.10 million during the quarter, compared to analyst estimates of $122.81 million. During the same period in the previous year, the firm posted ($4.24) earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. On average, analysts expect Proto Labs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Proto Labs Trading Down 2.8 %

PRLB opened at $30.48 on Wednesday. The firm has a market cap of $779.07 million, a price-to-earnings ratio of 45.49 and a beta of 1.34. The stock’s 50-day moving average price is $34.44 and its 200 day moving average price is $34.62. Proto Labs has a 12-month low of $23.01 and a 12-month high of $41.87.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Proto Labs from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd.

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About Proto Labs

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Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.

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Earnings History for Proto Labs (NYSE:PRLB)

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