Turtle Beach HEAR announces its next round of earnings Monday. Here's Benzinga's advanced look at Turtle Beach's Q2 earnings report.
Earnings and Revenue
Analysts covering Turtle Beach have modeled for quarterly EPS loss of 2 cents on revenue of $47.9 million.
In the same quarter last year, Turtle Beach posted an EPS loss of 14 cents on sales of $19.11 million. Sales would be up 150.63 percent on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.02 | 0.29 | 0.04 | -0.18 |
| EPS Actual | 0.16 | 0.29 | -0.01 | -0.14 |
Stock Performance
Over the last 52-week period, shares are up 4551.8 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Turtle Beach stock as Sell. The strength of this rating has dwindled over the past three months.
Conference Call
Turtle Beach's Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/ofbhry7n
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
