Recap: iRobot Q4 Earnings

iRobot IRBT reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

iRobot missed estimated earnings by 15.38%, reporting an EPS of $-1.05 versus an estimate of $-0.91.

Revenue was up $89.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.97, which was followed by a 9.57% increase in the share price the next day.

Here's a look at iRobot's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.70 0.32   0.31
EPS Actual 1.67 0.27 0.41 0.84
Revenue Estimate 417.04M 352.76M 264.05M 494.07M
Revenue Actual 440.68M 365.60M 303.26M 544.83M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

iRobot management provided guidance for their next quarter, expecting earnings between $1.5 and $2.0 per share for the next quarter.

This represents a 266.67% in quarter-over-quarter growth for iRobot, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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