Benzinga | Jan 21, 2022 10:09AM EST

Earnings Outlook For Logitech International

Logitech International (NASDAQ:LOGI) is set to give its latest quarterly earnings report on Monday, 2022-01-24. Here's what investors need to know before the announcement.

Analysts estimate that Logitech International will likely 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 missed EPS by $0.05, which was followed by a 5.69% drop in the share price the next day.

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

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate 1.10 0.87 0.84 1.02EPS Actual 1.05 1.22 1.45 2.45Price Change % -5.69% -10.28% -2.67% -3.15%

Stock Performance

Shares of Logitech International were trading at $78.1 as of January 20. Over the last 52-week period, shares are down 27.01%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.