iRobot (IRBT) reports earnings Tuesday October 24th after the close.
It’s a busy week of earnings this week. 172 S&P companies report this week, including 12 DJIA companies.
iRobot has beaten earnings estimates the past 28 quarters. It’s never missed earnings’ estimates since it’s gone public.
It beats EPS estimates by 98% on average.
The stock goes up 11% on average after reporting earnings.
Get your very own Roomba:
The stock has gone down this quarter because people think iRobot’s Roomba might face increased competition.
The Roomba was very popular during last year’s holiday shopping season and we think that it will be a very popular gift this year as well.
We got one for our mom for Christmas last year because her friend, Kelly, uses her Roomba three times a week! She loves it.
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