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IRobot Corp. (IRBT) Is Falling Despite Better Than Expected Q4 Earnings

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

iRobot Corp. (IRBT) reported fourth quarter EPS of $0.49 after the close Wednesday, down from $0.65 a year ago. Analysts were expecting EPS of $0.41. Full year 2017 EPS is expected to be between $1.35 and $1.65. Street expectations are for EPS of $1.60. The stock is now down 4.74 on 216K shares.

iRobot dropped in early trade Wednesday, but settled into a range for the bulk of the session. The stock closed down by 0.65 at $61.24 on above average volume.

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