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.

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.

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).

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.

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