27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
iRobot (NASDAQ:IRBT) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
iRobot beat estimated earnings by 51.11%, reporting an EPS of $-0.66 versus an estimate of $-1.35.
Revenue was down $11.29 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.14 which was followed by a 14.26% drop in the share price the next day.
Here's a look at iRobot's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.91 | 0.70 | 0.32 | |
| EPS Actual | -1.05 | 1.67 | 0.27 | 0.41 |
| Revenue Estimate | 463.77M | 417.04M | 352.76M | 264.05M |
| Revenue Actual | 455.45M | 440.68M | 365.60M | 303.26M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
iRobot management provided guidance for FY 2022, expecting earnings between $1.5 and $2.1 per share.
To track all earnings releases for iRobot visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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