iRobot Corporation (NASDAQ: IRBT) stock dropped to a 4-year low of $36.11 on Tuesday due to stiff competition in the market and the weak forecast for the year as well as the outbreak of COVID-19 coronavirus. The investors remained concerned about the company’s stock, which is undervalued at current levels with a 31% estimated return.

The consumer electronics industry currently faces immense…

iRobot to report Q3 2019 earnings after the closing bell

iRobot (NASDAQ: IRBT) will report third-quarter 2019 financial results after the closing bell today. Analysts expect earnings of $0.52 per share on revenues of $259.38 million, down 2%. Check out this space for the live earnings updates.

IRBT shares were down over 2% in the hours leading to the earnings announcement. The stock has tumbled 28% since the beginning of this year.

iRobot’s primary…

iRobot will report second quarter 2019 earnings results today

iRobot (NASDAQ: IRBT) is set to report Q2 2019 earnings results today after the closing bell. Analysts expect revenues to jump 18% to $267.96 million, helped by the solid demand for its products as well as the new launches including Braava jet m6 robot mop and Roomba s9+ robot vacuum.

Profits are expected to decline to $0.03 per share from $0.37 per share in the same period last year. The…

iRobot needs to regain investor confidence with Q2 results

When iRobot (NASDAQ: IRBT) last reported earnings results, it turned out to be quite disastrous. Despite posting better-than-expected earnings in Q1, investors punished the stock for missing the revenue estimate, sending the stock plunging 23%.

The stock is yet to recover from the stock slide, and the maker of commercial robotic devices will be looking to regain investor confidence with Q2…

iRobot stock up about 2% ahead of Q1 earnings report

iRobot Corp. (Nasdaq: IRBT) is set to report its first quarter 2019 earnings results after the bell today. Analysts estimate the company to post earnings of $0.59 per share on revenue of $251.4 million, which represents a year-over-year decline of 17% in earnings and an increase of 16% in revenue.

For the fourth quarter of 2018, iRobot’s revenue grew 18% annually to $384.7 million. Earnings…

iRobot to report Q1 earnings: What’s in store?

Consumer robot company iRobot Corp. (Nasdaq: IRBT) is set to report its first quarter 2019 earnings results Tuesday after market closes. Analysts view the company’s earnings to decline 17% year-over-year to $0.59 per share and revenue to grow 16% to $251.4 million. iRobot stock slid about 1.5% during the midday hours on Monday and ended down 0.7% at $128.73.

iRobot sells its products directly to…

(Nasdaq:IRBT) iRobot Corporation Sets 52 Week High Bar Of $118.75

iRobot Corporation (Nasdaq:IRBT)

August 28th, 2018

Amidst rising markets iRobot Corporation closed Tuesday up 4.85%, a $5.44 increase to close on $117.71. Furthermore it hit a new 52 week high of $118.75. The stock continues to trade well at 111% of its 52 week low of $55.77. (more…)