Stratasys Earnings: What to Watch on March 1
Stratasys (NASDAQ: SSYS) is slated to report its fourth-quarter and full-year 2020 results before the market open on Monday, March 1. Its conference call with analysts is scheduled to follow at 8:30 a.m. EST.
Investors will likely be approaching the 3D printing company's report with more optimism than in earlier quarters in 2020, a year in which the COVID-19 pandemic has resulted in soft demand from many customers in the industrial sector. That's largely because in early January rival 3D Systems (NYSE: DDD), which has a similar business profile, preannounced unofficial fourth-quarter results that were considerably better than Wall Street had been expecting.
Moreover, in the third quarter, Stratasys comfortably beat the analyst consensus estimate for revenue and also surpassed the earnings projection.
Source Fool.com
