iRobot Corp. (IRBT) reported fourth quarter EPS of $0.38 per share after the close Wednesday, compared to $0.26 per share last year. The consensus estimate was for EPS of $0.32. The company expects to report first quarter EPS between a loss of $0.08 and break-even. Full year 2012 EPS is expected to be between $0.75 and $0.95. The consensus estimates are for EPS of $0.30 and $1.45.
iRobot Corp. gapped open dramatically lower Thursday and declined until mid-morning. The stock slipped further going into the close and finished down by 13.13 at $25.17 on the highest volume of the year. iRobot plunged to a 4-month low and fell below both its 50 and 200-day moving averages.
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