Logitech International Earnings Are on Deck

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Logitech International (NAS: LOGI) is expected to report Q1 earnings on July 25. 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 decrease -10.0% and EPS will remain in the red.

The average estimate for revenue is $421.5 million. On the bottom line, the average EPS estimate is -$0.07.


Revenue details
Last quarter, Logitech International reported revenue of $469.1 million. GAAP reported sales were 12% lower than the prior-year quarter's $532.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.09. GAAP EPS were -$0.23 for Q4 against $0.17 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 32.7%, 370 basis points worse than the prior-year quarter. Operating margin was -4.2%, 870 basis points worse than the prior-year quarter. Net margin was -7.7%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.01 billion. The average EPS estimate is $0.29.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 884 members out of 945 rating the stock outperform, and 61 members rating it underperform. Among 245 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 236 give Logitech International a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Logitech International is hold, with an average price target of $7.37.

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The article Logitech International Earnings Are on Deck originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Logitech International SA (USA). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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