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On Monday, Jan. 21, Logitech International (NASDAQ:LOGI) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Wall Street expects EPS of 67 cents and sales around $860 million.
In the same quarter last year, Logitech International posted a profit of 65 cents on sales of $812 million. The analyst consensus estimate would represent a 3.08 percent increase in the company's EPS figure. Revenue would be have grown 5.91 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.43 | 0.27 | 0.22 | 0.58 |
| EPS Actual | 0.49 | 0.34 | 0.32 | 0.65 |
Stock Performance
Over the past 52-week period, shares of Logitech International have declined 8.33 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Logitech International stock is a Neutral. The strength of this rating has risen 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.
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