On Wednesday, Zagg ZAGG will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Analysts predict Zagg will report earnings of 73 cents per share on revenue of $167.15 million.
In the same quarter last year, Zagg posted EPS of 8 cents on sales of $114 million. The analyst consensus estimate would represent a 1,012 percent increase in the company's EPS figure. Sales would be up 45.44 percent from the same quarter last year.
Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.33 | 0.08 | -0.13 | 0.24 |
EPS Actual | 0.34 | 0.12 | -0.12 | -0.08 |
Stock Performance
Over the last 52-week period, shares are up 143.2 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Zagg stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
The Zagg'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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