Turtle Beach earnings estimates slashed after weak Q2

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Turtle Beach Corporation saw its earnings estimates cut sharply following a disappointing second-quarter release on August 6. The gaming accessories maker's fiscal 2026 earnings estimate has fallen 30% since the report, dropping from $0.71 per share to $0.50, while its fiscal 2027 outlook is 19% lower. Adjusted earnings are projected to decline another 40% year-over-year in 2026, extending a downward revision trend that began in early 2025 and now earns the stock a Zacks Rank #5 (Strong Sell). The company's sales fell 14% in 2025, marking its second year-over-year revenue drop in four years, and its stock has lost 55% over the past five years while the S&P 500 gained 80%.

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