Logitech International SA reports results for the quarter ended September 30 - Earnings Summary

• Logitech International SA LOGN reported quarterly adjusted earnings of $1.45​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.20. The mean expectation of nine analysts for the quarter was for earnings of $1.21 per share. Wall Street expected results to range from $1.10 to $1.32 per share.

• Revenue rose 6.3% to $1.19 billion from a year ago; analysts expected $1.17 billion.

• Logitech International SA's reported EPS for the quarter was $1.15​.

• The company reported quarterly net income of $170.67 million.

• Logitech International SA shares had risen by 3.7% this quarter and gained 38.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the computer hardware peer group is also "buy"

• Wall Street's median 12-month price target for Logitech International SA is $107.00, about 6.3% below its last closing price of $113.79

This summary was machine generated from LSEG data October 28 at 09:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)