Logitech International Q4 2024 Adj EPS $0.99 Beats $0.63 Estimate, Sales $1.011B Beat $956.082M Estimate
Portfolio Pulse from Benzinga Newsdesk
Logitech International (NASDAQ:LOGI) reported Q4 2024 adjusted EPS of $0.99, surpassing the $0.63 estimate, a 57.14% beat. Quarterly sales reached $1.011B, exceeding the $956.082M forecast by 5.74%, marking a 5.30% increase from the previous year.

April 30, 2024 | 5:55 am
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Logitech International reported a significant beat on both EPS and sales estimates for Q4 2024, with EPS at $0.99 against a $0.63 estimate and sales of $1.011B against a $956.082M estimate.
The substantial beat on both earnings per share and sales forecasts for Logitech International indicates strong financial performance and operational efficiency. This outperformance, especially being significantly higher than analyst expectations, is likely to instill investor confidence and could lead to a positive short-term impact on the stock price. The reported growth over the previous year further emphasizes the company's upward trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100