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Stock impact report

Symbotic Inc. (SYM) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]

Symbotic Inc. - Class A (SYM) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.3%. The company's stock has dropped by 2.19% in the past month, falling short of the Business Services sector's gain of 4.93% and the S&P 500's gain of 4.42%. Market participants will be closely following the financial results of Symbotic Inc. in its upcoming release. On that day, Symbotic Inc. is projected to report earnings of -$0.02 per share, which would represent year-over-year growth of 80%. Alongside, our most recent consensus estimate is anticipating revenue of $415.98 million, indicating a 55.89% upward movement from the same quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.02 per share and revenue of $1.76 billion. These totals would mark changes of +94.59% and +49.59%, respectively, from last year. It is also important to note the recent cha Show less Read more
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