ExOne (XONE) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS
ExOne (NASDAQ:XONE) released its earnings results on Thursday. The industrial products company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.08, MarketWatch Earnings reports. The company had revenue of $25.31 million for the quarter, compared to the consensus estimate of $30.00 million. ExOne had a negative return on equity of 25.07% and a negative net margin of 28.06%.
Shares of ExOne stock traded down $0.43 during trading hours on Friday, hitting $10.14. The company’s stock had a trading volume of 89,915 shares, compared to its average volume of 134,733. ExOne has a 12-month low of $5.73 and a 12-month high of $11.73. The company has a market capitalization of $172.29 million, a price-to-earnings ratio of -8.11 and a beta of 3.82. The company has a quick ratio of 0.89, a current ratio of 1.77 and a debt-to-equity ratio of 0.02.
XONE has been the topic of several analyst reports. Zacks Investment Research upgraded ExOne from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research report on Saturday, November 17th. ValuEngine downgraded ExOne from a “hold” rating to a “sell” rating in a research report on Wednesday, November 21st.
ExOne Company Profile
The ExOne Company develops, manufactures, and markets three-dimensional (3D) printing machines, 3D printed and other products, materials, and services primarily in North America, Europe, and Asia. The company provides various machines that enable designers and engineers to design and produce industrial prototypes and production parts.
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