Core Insights - Logitech reported quarterly earnings of $0.93 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, but down from $0.99 per share a year ago [1] - The earnings surprise for this quarter was 8.14%, following a previous quarter where the company reported earnings of $1.59 per share against an expectation of $1.38, resulting in a surprise of 15.22% [2] - The company posted revenues of $1.01 billion for the quarter, slightly missing the Zacks Consensus Estimate by 0.44%, and matching year-ago revenues [3] Earnings Outlook - The sustainability of Logitech's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [4] - Current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $1.07 billion, and for the current fiscal year, it is $4.45 on revenues of $4.56 billion [8] Industry Context - The Computer - Peripheral Equipment industry, to which Logitech belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9] - The correlation between near-term stock movements and earnings estimate revisions suggests that tracking these revisions can provide insights into stock performance [6]