iRobot Corp expected to post a loss of $2.11 a share - Earnings Preview

iRobot

24/02/2024 02:25

* iRobot Corp  IRBT.OQ   IRBT.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Bedford Massachusetts-based  company is expected to
report a
13.9% decrease in revenue to $307.989 million from $357.87
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (SAL majority is based on Total
Revenue)
    * ​LSEG's mean analyst estimate for iRobot Corp is for a
loss of
$2.11 per share. 
    * 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
$23.97​, above​ its last closing price of $11.63. ​​​

This summary was machine generated February 24 at 02:25 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)