iRobot (IRBT) Set to Announce Quarterly Earnings on Tuesday

iRobot (NASDAQ:IRBT) is scheduled to post its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect iRobot to post earnings of ($0.05) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

iRobot (NASDAQ:IRBT) last posted its quarterly earnings data on Tuesday, August 6th. The industrial products company reported ($1.96) EPS for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.19). The company had revenue of $166.40 million for the quarter, compared to the consensus estimate of $168.73 million. iRobot had a negative return on equity of 128.49% and a negative net margin of 25.29%. iRobot’s revenue was down 29.7% on a year-over-year basis. During the same quarter last year, the business earned ($1.73) EPS. On average, analysts expect iRobot to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

iRobot Stock Performance

NASDAQ:IRBT opened at $8.56 on Tuesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.53. iRobot has a fifty-two week low of $5.83 and a fifty-two week high of $42.14. The company has a market cap of $246.16 million, a price-to-earnings ratio of -1.10 and a beta of 0.85. The stock has a fifty day moving average price of $7.72 and a 200-day moving average price of $8.84.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on IRBT shares. Needham & Company LLC reiterated a “hold” rating on shares of iRobot in a research note on Thursday, August 8th. StockNews.com lowered shares of iRobot from a “hold” rating to a “sell” rating in a research report on Sunday.

About iRobot

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services.