Proto Labs (PRLB) to Release Quarterly Earnings on Friday

Proto Labs (NYSE:PRLB) is set to release its earnings data 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.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Proto Labs (NYSE:PRLB) last announced its earnings results 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 return on equity of 2.51% and a net margin of 3.42%. The firm had revenue of $125.10 million during the quarter, compared to the consensus estimate of $122.81 million. During the same quarter in the prior year, the firm posted ($4.24) earnings per share. The business’s revenue for the quarter 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

NYSE:PRLB opened at $30.48 on Wednesday. The company’s 50-day simple moving average is $34.44 and its 200-day simple moving average is $34.62. Proto Labs has a fifty-two week low of $23.01 and a fifty-two week high of $41.87. The stock has a market capitalization of $779.07 million, a P/E ratio of 45.49 and a beta of 1.34.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of 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.