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)