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

Turtle Beach

13/03/2025 21:42

Turtle Beach Corp TBCH.OQ reported quarterly adjusted earnings of 95 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 56 cents.  The mean expectation of four analysts for the quarter was for earnings of $1.11 per share. Wall Street expected results to range from $1.08  to $1.15 per share.

Revenue rose 46.8% to $146.08 million from a year ago; analysts expected $152.65 million.

Turtle Beach Corp's reported EPS for the quarter was 95 cents​.

The company reported quarterly net income of $20.14 million.

Turtle Beach Corp shares had fallen by 16.8% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.8% 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 "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the computer hardware peer group is  "buy."

Wall Street's median 12-month price target for Turtle Beach Corp is $22.00

This summary was machine generated from LSEG data March 13 at 09:42 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
1.11
0.95
Missed
Sep. 30 2024
0.15
0.16
Beat
Jun. 30 2024
-0.30
-0.30
Met
Mar. 31 2024
-0.22
-0.07
Beat