SSYS Management forced to give new guidance in response to Phantom/ unnamed analysts; whose expectations are being played by shorts to created Sell side weakness, Accumulation by institutions will occur over this SOP trade program......
Found a Single Analyst....AG Edwards....they are the only ones following; here is their record....Look at the last call if you listened you LOST Big time.
Date Research Firm Action From To
21-May-03 AG Edwards Downgrade Hold Sell
2-Jul-02 AG Edwards Downgrade Hold Sell
19-Feb-99 AG Edwards Downgrade Accumulate Maintain
29-Jul-98 AG Edwards Upgrade Maintain Accumulate
Dow Jones Business News
Stratasys Issues 2004 Outlook
Friday February 20, 8:20 am ET
MINNEAPOLIS (Dow Jones)--Stratasys Inc. (NasdaqNM:SSYS - News) expects 2004 earnings between 80 cents and 90 cents a share on revenue growth of at least 20% led by its low- cost 3D printers.
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In a press release Friday, the provider of office prototyping and 3D printing said it expects revenue for the year between $61 million and $65 million.
Analysts surveyed by Thomson First Call (News - Websites) currently expect Stratasys to earn 94 cents a share on revenue of $64 million for 2004. The analysts' earnings estimates ranged from a low of 80 cents to a high of $1.09 a share.
In late October, Stratasys said it expected "strong growth" to continue in 2004, and the average First Call estimate at that time called for earnings of $ 1.37 a share this year.
On Wednesday, the company reported 2003 earnings of $6.2 million, or 64 cents a share, on sales of $50.9 million.
The company also expects a gross profit margin between 63% and 65% in 2004, and anticipates a tax rate of 32% for the year.
Nasdaq trading in shares of Stratasys closed Thursday down $2.66, or 12.6%, at $18.40. The stock traded at a 52-week high of $38.73 Oct. 15, and traded at a 52-week low of $6.27 Feb. 20, 2003.
Company Web site: stratasys.com |
