Earnings Preview: iRobot
Portfolio Pulse from Benzinga Insights
iRobot (NASDAQ:IRBT) is scheduled to release its quarterly earnings report on February 26, 2024, with an expected EPS of $-2.11. Analysts and investors are particularly focused on the company's guidance for future growth. iRobot's stock performance has been negative over the past year, with a 71.47% decline. The company's past earnings have shown a trend of not meeting EPS estimates, which has previously led to drops in share price.
February 23, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
iRobot is expected to report an EPS of $-2.11 for the upcoming earnings, with significant attention on its future guidance. The stock has seen a 71.47% decline over the past year, indicating potential volatility around the earnings announcement.
Given iRobot's history of not meeting EPS estimates and the subsequent negative impact on its stock price, the upcoming earnings report is crucial. However, the emphasis on future guidance and the stock's recent poor performance introduce uncertainty, making it difficult to predict the short-term price direction with high confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100