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On Tuesday, Oct. 23, iRobot (NASDAQ:IRBT) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
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iRobot EPS is expected to be around 48 cents, according to sell-side analysts. Sales will likely be near $245.11 million.
iRobot reported a profit of 52 cents when it published results during the same quarter last year. Sales in that period totaled $205.4 million. If the company were to post earnings inline with the consensus estimate when it reports Tuesday, EPS would be down 7.69 percent. Sales would be have grown 19.33 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.18 | 0.51 | 0.47 | |
| EPS Actual | 0.37 | 0.66 | 0.54 | 0.52 |
Stock Performance
Over the last 52-week period, shares are up 19.03 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on iRobot stock is a Sell. The validity of this rating has maintained conviction over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.