Turtle Beach Q4 Earnings Outlook


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Turtle Beach (NASDAQ:HEAR) releases its next round of earnings Tuesday. Here's Benzinga's essential guide to Turtle Beach's Q4 earnings report.

Earnings and Revenue

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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.


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