Logitech International (Nasdaq: LOGI ) is expected to report Q4 earnings on April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Logitech International's revenues will shrink -8.1% and EPS will shrink to a loss.
The average estimate for revenue is $488.9 million. On the bottom line, the average EPS estimate is -$0.03.
Last quarter, Logitech International booked revenue of $614.5 million. GAAP reported sales were 14% lower than the prior-year quarter's $714.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.10. GAAP EPS were -$1.24 for Q3 compared to $0.32 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 34.2%, 200 basis points worse than the prior-year quarter. Operating margin was 5.0%, 480 basis points worse than the prior-year quarter. Net margin was -31.7%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $2.13 billion. The average EPS estimate is -$0.17.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 885 members out of 947 rating the stock outperform, and 62 members rating it underperform. Among 230 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 218 give Logitech International a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Logitech International is underperform, with an average price target of $8.63.
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