Get ready to mark your calendars because the much anticipated third quarter financial results of iRobot Corporation (NASDAQ: IRBT) are set to be unveiled on Tuesday 5th November 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
According to the forecasts of financial experts on Wall Street, the business is expected to reveal an anticipated $0.06 loss per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $218.4 million.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share loss of $2.82. Additionally, the company achieved a total revenue of $186.18 million during that specific period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $774.29 million. Furthermore, they are predicting loss of $3.59 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-1.96 | -38.0% | 166.36 M | -29.7% |
| Q1 2024 | $-1.53 | +8.4% | 150.01 M | -6.4% |
| Q4 2023 | $-1.82 | -19.7% | 307.54 M | -14.1% |
| Q3 2023 | $-2.82 | -58.4% | 186.18 M | -33.1% |
| Q2 2023 | $-1.42 | -305.7% | 236.57 M | -7.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 6th November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
Friday's trading saw iRobot Corporation (IRBT) shares hit a low of $8.71 and a high of $9.55, with a day volume of 1.09 million shares. The stock closed the regular trading session at $9.55, indicating 9.39 percent advance.
