The ExOne Company Earnings: Here’s Why the Stock is Falling Now

The ExOne Company (NASDAQ:XONE) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 14.37%.

The ExOne Company Earnings Cheat Sheet

Revenue: Rose 239.34% to $9.23 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: The ExOne Company reported adjusted EPS loss of $0.08 per share. By that measure, the company missed the mean analyst estimate of $-0.06. It missed the average revenue estimate of $9.33 million.

Quoting Management: Mr. S. Kent Rockwell, Chairman and CEO, noted, “We believe our results continue to demonstrate the effective execution of our growth strategies. We are increasing machine sales, expanding our PSC network and building our material and binders portfolio. We believe ExOne remains distinctively positioned as a leading industrial provider of 3D printing machines and printed products, and we expect demand to continue to increase.”

Key Stats (on next page)…

Revenue increased 16.39% from $7.93 million in the previous quarter. EPS increased to $-0.08 in the quarter versus EPS of $-0.20 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.09 and has not changed. For the current year, the average estimate has moved down from a profit of $0.10 to a profit of $0.02 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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