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IRBTQ — iRobot News Story

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iRobot Corp reports results for the quarter ended December 31 - Earnings Summary

iRobot Corp IRBT.OQ reported a quarterly adjusted loss of $2.06​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.82.  The mean expectation of two analysts for the quarter was for a loss of $1.72 per share. Wall Street expected results to range from $-2.00 to $-1.45 per share.

Revenue fell 44.1% to $172.04 million from a year ago; analysts expected $180.84 million.

iRobot Corp's reported EPS for the quarter was a loss of $2.52​.

The company reported a quarterly loss of $77.11 million.

iRobot Corp shares had fallen by 18.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 19% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the electronic equipment & parts peer group is also "hold"

Wall Street's median 12-month price target for iRobot Corp is $11.00

This summary was machine generated from LSEG data March 12 at 12:35 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-1.72-2.06Missed
Sep. 30 2024-0.060.03Beat
Jun. 30 2024-1.77-1.96Missed
Mar. 31 2024-2.01-1.53Beat

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