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Earnings Preview For Logitech International

Logitech International (NASDAQ:LOGI) is set to give its latest quarterly earnings report on Monday, 2022-05-02. Here's what investors need to know before the announcement. Analysts estimate that Logitech International will report an earnings per share (EPS...

Benzinga · 04/29/2022 10:05

Logitech International (NASDAQ:LOGI) is set to give its latest quarterly earnings report on Monday, 2022-05-02. Here's what investors need to know before the announcement.

Analysts estimate that Logitech International will report an earnings per share (EPS) of $1.10.

Logitech International bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.45, which was followed by a 4.47% increase in the share price the next day.

Here's a look at Logitech International's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.10 1.10 0.87 0.84
EPS Actual 1.55 1.05 1.22 1.45
Price Change % 4.47% -5.69% -10.28% -2.67%

eps graph

Stock Performance

Shares of Logitech International were trading at $66.0 as of April 28. Over the last 52-week period, shares are down 39.56%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

TO TRACK ALL EARNINGS RELEASES FOR LOGITECH INTERNATIONAL VISIT THEIR EARNINGS CALENDAR ON OUR SITE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.