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Stock impact report

Symbotic Inc. (SYM) Laps the Stock Market: Here's Why [Yahoo! Finance]

Symbotic Inc. - Class A (SYM) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.11% gain on the day. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%. Heading into today, shares of the company had gained 10.61% over the past month, outpacing the Business Services sector's loss of 1.33% and the S&P 500's gain of 1.5% in that time. The investment community will be paying close attention to the earnings performance of Symbotic Inc. in its upcoming release. In that report, analysts expect Symbotic Inc. to post earnings of -$0.02 per share. This would mark year-over-year growth of 80%. Meanwhile, the latest consensus estimate predicts the revenue to be $415.98 million, indicating a 55.89% increase compared to the same quarter of the previous year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.02 per share and revenue of $1.76 billion, indicating changes of +94.59% and +49.59%, respectively, compared to the previous year. Investors might also no Show less Read more
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