Panasonic Corp. (PCRFY) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]
PANASONIC HLDS CP S/ADR (PCRFY)
NASDAQ:AMEX Investor Relations:
panasonic.com/global/corporate/ir.html
Company Research
Source: Yahoo! Finance
The stock outpaced the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq added 1.25%. Shares of the company have appreciated by 0.85% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.82% and lagging the S&P 500's gain of 3.56%. The upcoming earnings release of Panasonic Corp. will be of great interest to investors. It is anticipated that the company will report an EPS of $0.18, marking a 45.45% fall compared to the same quarter of the previous year. PCRFY's full-year Zacks Consensus Estimates are calling for earnings of $1.30 per share and revenue of $55.71 billion. These results would represent year-over-year changes of +54.76% and -10.12%, respectively. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Panasonic Corp. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive
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