3D Systems Earnings: 4 Things to Watch
3D Systems (NYSE: DDD) hasn't yet announced a date for the release of its fourth-quarter and full-year 2019 results, but it should be during the last week in February, or perhaps one of the first couple days in March.
The 3D printing company is approaching the report on a mixed note. Last quarter, it beat Wall Street's estimates on both the top and bottom lines. However, management provided soft fourth-quarter revenue guidance. Following the third-quarter release, shares dropped more than 3% in after-hours trading, but closed up 8.5% the next day. Apparently, investors felt more positive after they had time to digest the numbers and information shared on the earnings call.
3D Systems stock is coming back strong in 2020 after its poor showing last year. In 2019, shares declined 14%, compared to the S&P 500's 31.5% return. In 2020, they've shot up 30.7% through Jan. 22, versus the broader market's 2.9% return.
Source Fool.com
