Logitech International's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Logitech International (NASDAQ:LOGI) is expected to release its quarterly earnings report on Monday, 2024-01-22, with an estimated EPS of $1.13. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Logitech has surpassed EPS estimates, resulting in share price increases. Shares are currently trading at $94.72, up 63.42% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders ahead of the earnings release.
January 19, 2024 | 2:00 pm
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Logitech International is anticipated to report quarterly earnings with an EPS estimate of $1.13. Past performance shows positive share price reactions to earnings beats. Shares have risen 63.42% over the past year, reflecting a bullish sentiment.
Given Logitech's history of surpassing EPS estimates and the subsequent positive impact on its share price, there is a high likelihood of a positive short-term impact if the company beats the EPS estimate again. The 63.42% increase in share price over the last year indicates strong investor confidence, which could be further bolstered by a positive earnings report.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100