iRobot Corp expected to post a loss of $1.72 a share - Earnings Preview

iRobot

24/01/2025 21:36

* iRobot Corp  IRBT.OQ   IRBT.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 27
(estimated) for the period ending December 31 2024
    * The Bedford Massachusetts-based  company is expected to
report a
41.2% decrease in revenue to $180.839 million from $307.54
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on January
13 2025, for the period ended December 31, was for revenue of
171.000 million.
    * ​LSEG's mean analyst estimate for iRobot Corp is for a
loss of
$1.72 per share. The company's EPS guidance on November 6 2024,
for the period ended December 31, was between -1.50 and -1.20 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for iRobot Corp
is
$11.47​, above​ its last closing price of $8.23. ​​​

The company's guidance on January 13 2025 for the period ended
December 31 was for Earnings before Interest and Taxes of -47
million.The company's guidance on November 6 2024 for the period
ended December 31 was for gross profit margin between 24% and
27%.
This summary was machine generated January 24 at 21:36 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)