Turtle Beach HEAR releases its next round of earnings Tuesday. Here's Benzinga's essential guide to Turtle Beach's Q4 earnings report.
Earnings and Revenue
Based on Turtle Beach management projections, analysts predict EPS of 29 cents per share on revenue of $86.55 million.
In the same quarter last year, Turtle Beach reported EPS of 25 cents per share on revenue of $82.2 million. If the company were to match the current consensus estimate, earnings would be up 16 percent. Revenue would be up 5.29 percent from the same quarter last year.
In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.04 | -0.18 | -0.24 | 0.17 |
EPS Actual | -0.01 | -0.14 | -0.19 | 0.25 |
Stock Performance
Over the last 52-week period, shares are down -56.87 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The average rating by analysts on Turtle Beach stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Turtle Beach's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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