Arlo Technologies (ARLO) Misses Q4 Earnings Estimates

Group 1 - Arlo Technologies reported quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of$ 0.11 per share, and showing a decrease from $0.11 per share a year ago, resulting in an earnings surprise of -9.09% [1] - The company posted revenues of$ 121.57 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.34%, but down from $135.09 million year-over-year [2] - Over the last four quarters, Arlo Technologies has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2 - The stock has gained approximately 6.2% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is$ 0.13 on revenues of $119.7 million, and$ 0.56 on revenues of $513.5 million for the current fiscal year [7] Group 3 - The Zacks Industry Rank indicates that the Internet - Software sector is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this category [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Arlo Technologies is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]