Logitech (LOGI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2024, Logitech (LOGI) reported revenue of $1.12 billion, up 5.6% over the same period last year. EPS came in at $1.20, compared to $1.09 in the year-ago quarter.The reported revenue represents a surprise of +2.31% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $1.10, the EPS surprise was +9.09%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Logitech performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Pointing Devices: $195.94 million versus the four-analyst average estimate of $197.69 million. The reported number represents a year-over-year change of +2.2%. Net Sales- Keyboards & Combos: $209.94 million versus the four-analyst average estimate of $204.12 million. The reported number represents a year-over-year change of +7.7%. Net Sales- Webcams: $80.25 million versus $84.71 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9% change. Net Sales- Headsets: $46.92 million versus the four-analyst average estimate of $44.14 million. The reported number represents a year-over-year change of +5.6%. Net Sales- Video Collaboration: $159.66 million versus the four-analyst average estimate of $151.95 million. The reported number represents a year-over-year change of +4.8%. Net Sales- Gaming: $300.47 million versus $304.97 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6.5% change. Net Sales- Other: $37.25 million versus $36.37 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -6% change. Net Sales- Tablet Accessories: $85.61 million compared to the $66.92 million average estimate based on four analysts. The reported number represents a change of +34.5% year over year. View all Key Company Metrics for Logitech here>>>Shares of Logitech have returned -6.2% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Logitech International S.A. (LOGI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks