iRobot Corp expected to post a loss of 6 cents a share - Earnings Preview

iRobot

02/11/2024 03:47

* iRobot Corp  IRBT.OQ   IRBT.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 5 for the
period ending January 1 0001
    * The Bedford Massachusetts-based  company is expected to
report a
17.3% increase in revenue to $218.4 million from $186.18 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on August 6 2024, for
the period ended September 30, was for revenue between 217.00
million and 223.00 million.
    * ​LSEG's mean analyst estimate for iRobot Corp is for a
loss of 6
cents per share. The company's EPS guidance on August 6 2024,
for the period ended September 30, was between -0.11 and -0.01 
    * 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
12.97​, above​ its last closing price of $9.55. ​​​

The company's guidance on August 6 2024 for the period ended
September 30 was for Earnings before Interest and Taxes between
7 million and 10 million.The company's guidance on August 7 2024
for the period ended September 30 was for gross profit margin
between 33% and 34%.
This summary was machine generated November 2 at 03:47 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)