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