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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 change lagged the S&P 500's 0.88% loss on the day. Meanwhile, the Dow experienced a rise of 0.56%, and the technology-dominated Nasdaq saw a decrease of 2.05%. The company's shares have seen a decrease of 17.14% over the last month, not keeping up with the Business Services sector's loss of 6.12% and the S&P 500's loss of 2.57%. The upcoming earnings release of Symbotic Inc. will be of great interest to investors. The company's earnings report is expected on May 6, 2024. The company's earnings per share (EPS) are projected to be -$0.02, reflecting an 80% increase from the same quarter last year. 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. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.02 per share and a revenue of $1.76 billion, representing changes of +94.59% and +49.59%, respectively, from the prior year. Furt Show less Read more
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