iRobot Q3 Adj $(2.82) Misses $(1.67) Estimate, Sales $186.20M Miss $245.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
iRobot reported Q3 losses of $(2.82) per share, missing the analyst consensus estimate of $(1.67) by 68.86 percent. This is a 58.43 percent decrease over losses from the same period last year. The company also reported quarterly sales of $186.20 million, missing the analyst consensus estimate of $245.00 million by 24.00 percent, a 33.07 percent decrease over sales from the same period last year.
November 07, 2023 | 9:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
iRobot's Q3 results missed estimates significantly, with both earnings and sales falling short of analyst expectations.
iRobot's Q3 results were significantly below analyst expectations, with losses per share and sales both missing estimates. This suggests a weaker financial performance than anticipated, which could negatively impact investor sentiment and the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100