Stratasys Earnings: What to Watch
Stratasys (NASDAQ: SSYS) is slated to report its third-quarter 2020 results before the market open on Thursday, Nov. 12. Its conference call with analysts is scheduled to follow at 8:30 a.m. EDT.
Investors will likely be approaching the 3D printing company's report with relatively low expectations. Last quarter, it missed Wall Street's expectations for revenue, but exceeded the consensus estimate for the bottom line.
The coronavirus pandemic hurt Stratasys' first- and second-quarter results, largely because many of its industrial sector customers were temporarily closed to slow the spread of the virus. But along with rival 3D Systems (NYSE: DDD), Stratasys had been struggling to grow revenue for some time before the global crisis began. (3D Systems is scheduled to report its Q3 results on Nov. 5.)
Source Fool.com
