Panasonic Corp. (PCRFY) Falls More Steeply Than Broader Market: 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's performance was behind the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.08%, and the technology-centric Nasdaq decreased by 0.42%. Prior to today's trading, shares of the company had gained 1.28% over the past month. This has outpaced the Consumer Discretionary sector's gain of 0.45% and lagged the S&P 500's gain of 2.67% in that time. Market participants will be closely following the financial results of Panasonic Corp. in its upcoming release. The company is forecasted to report an EPS of $0.18, showcasing a 45.45% downward movement from the corresponding quarter of the prior 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. Any recent changes to analyst estimates for Panasonic Corp. should also be noted by investors. Such recent modifications usually signify the c
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