Skip to main content

Market Overview

Earnings Preview for iRobot


On Wednesday, February 10, iRobot (NASDAQ:IRBT) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

iRobot earnings will be near $0.31 per share on sales of $494.07 million, according to analysts. In the same quarter last year, iRobot announced EPS of $0.69 on revenue of $426.78 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Wednesday, quarterly profit would be down 55.07%. Revenue would be up 15.77% from the year-ago period. iRobot's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.97 0.29 -0.47 0.40
EPS Actual 2.58 1.06 -0.32 0.69
Revenue Estimate 312.44 M 265.07 M 178.86 M 415.51 M
Revenue Actual 413.14 M 279.88 M 192.53 M 426.78 M

Stock Performance

Shares of iRobot were trading at $124.67 as of February 08. Over the last 52-week period, shares are up 134.32%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. iRobot is scheduled to hold the call at 08:30:00 ET and can be accessed here.


Related Articles (IRBT)

View Comments and Join the Discussion!

Posted-In: BZI-EPEarnings