Proto Labs (PRLB) to Release Earnings on Friday

Proto Labs (NYSE:PRLB) is scheduled to post 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.Individual interested in participating in the company’s earnings conference call can do so using this link.

Proto Labs (NYSE:PRLB) last released its quarterly earnings data on Friday, February 9th. The industrial products company reported $0.27 EPS 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 business had revenue of $125.10 million during the quarter, compared to analysts’ expectations of $122.81 million. During the same quarter in the previous year, the company posted ($4.24) EPS. The company’s 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 Stock Performance

PRLB opened at $30.73 on Thursday. Proto Labs has a one year low of $23.01 and a one year high of $41.87. The company has a market cap of $785.46 million, a P/E ratio of 45.87 and a beta of 1.34. The business’s 50-day simple moving average is $34.33 and its 200-day simple moving average is $34.66.

Wall Street Analyst Weigh In

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

Proto Labs Company Profile

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.