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Market Overview

Earnings Preview: Logitech International

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On Wednesday, April 28, Logitech International (NASDAQ:LOGI) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Logitech International EPS will likely be near $0.84 while revenue will be around $1.09 billion, according to analysts. Logitech International EPS in the same period a year ago totaled $0.42. Revenue was $709.25 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 100.0% increase in the company's EPS figure. Sales would be up 53.68% from the same quarter last year. Logitech International's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2021 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 1.02 0.57 0.34 0.35
EPS Actual 2.45 1.87 0.64 0.42
Revenue Estimate 1.23 B 834.55 M 689.20 M 652.10 M
Revenue Actual 1.67 B 1.26 B 791.89 M 709.25 M

eps graph

Stock Performance

For a full 12 months, the return has risen by 135.25%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

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

 

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Posted-In: BZI-EPEarnings