iRobot (IRBT) Scheduled to Post Earnings on Tuesday

iRobot (NASDAQ:IRBT - Get Free Report) is scheduled to be posting 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. Parties that are interested in participating in the company's conference call can do so using this link.

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

iRobot Price Performance

Shares of IRBT traded down $0.07 during trading hours on Tuesday, hitting $8.49. The stock had a trading volume of 796,686 shares, compared to its average volume of 1,809,074. iRobot has a 52 week low of $5.83 and a 52 week high of $42.14. The stock has a market capitalization of $244.15 million, a price-to-earnings ratio of -1.08 and a beta of 0.85. The company's fifty day moving average is $7.72 and its two-hundred day moving average is $8.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.53 and a quick ratio of 1.08.

Analyst Ratings Changes

A number of research firms have recently issued reports on IRBT. Needham & Company LLC reiterated a "hold" rating on shares of iRobot in a research note on Thursday, August 8th. StockNews.com downgraded 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.