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Strategies & Market Trends : Guidance II

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From: 2MAR$10/22/2014 10:54:07 AM
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Why DDD plummets , 3D Systems has guided for revenue of $164 million to $169 million for the latest quarter, while analysts are expecting $186 million in revenue.
NEW YORK ( TheStreet) -- Shares of 3D Systems Corp. ( DDD) are lower by 11.13% to $38.55 in pre-market trading on Wednesday, after the company issued preliminary guidance for the 2014 third quarter, which came in below analysts' expectations.

The 3D printing solutions company said it's expecting third quarter GAAP earnings per share to be between 1 cent and 3 cents. Non-GAAP earnings per share are anticipated to be in a range of 16 cents to 19 cents per share for the 2014 third quarter.

Analysts polled by Thomson Reuters have forecast for earnings of 21 cents per share for the quarter.

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