Panasonic Corp. (PCRFY) Registers a Bigger Fall Than the Market: Important Facts to Note [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 fell short of the S&P 500, which registered a loss of 0.29% for the day. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.3%. Prior to today's trading, shares of the company had lost 1.08% over the past month. This has lagged the Consumer Discretionary sector's gain of 2.42% and the S&P 500's gain of 4.42% in that time. Analysts and investors alike will be keeping a close eye on the performance of Panasonic Corp. in its upcoming earnings disclosure. 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. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.30 per share and a revenue of $55.71 billion, signifying shifts of +54.76% and -10.12%, respectively, from the last year. Investors should also take note of any recent adjustments to analyst estimates for Panasonic Corp. Recent revisions tend to reflec
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