3D Systems Earnings: What to Watch
3D Systems (NYSE: DDD) is slated to report its third-quarter 2021 results after the market close on Monday, Nov. 8. An analyst conference call is scheduled for 8:30 a.m. EST the following day.
Investors in the 3D printing company will probably be approaching the report with optimism. Last quarter, the company crushed Wall Street's consensus estimates for both revenue and earnings.
Investors should be prepared for volatility. 3D Systems stock often makes big moves up or down following the company's release of quarterly results. The volatility is partly due to the stock having a relatively substantial short interest. (Short-sellers are those who bet that a stock will decline, and when good news comes out, they're under pressure to buy the stock to cover their short bets.)
Source Fool.com
