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iRobot Corp <IRBT.OQ> expected to post a loss of $1.72 a share - Earnings Preview

ReutersJan 29, 2025 9:07 PM
  • iRobot Corp IRBT.OQ IRBT.O is expected to show a fall in quarterly revenue when it reports results on January 31 (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 $7.99. ​​​

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 29 at 21:07 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)

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