Symbotic Falls 1.59% as Analysts Cut Earnings Estimate
Shares declined in the latest session, while the consensus earnings estimate fell and analysts projected higher quarterly revenue year over year.
Key takeaways
- Symbotic closed at $42.59, down 1.59% in the latest trading session.
- The consensus earnings estimate fell 42.09% over the past month.
Symbotic shares fell 1.59% to close at $42.59 in the latest trading session. The S&P 500 rose 0.66%, while the Dow gained 0.18% and the Nasdaq advanced 1.05%.
The Zacks Consensus EPS estimate for Symbotic has dropped 42.09% over the past month. For the upcoming earnings disclosure, analysts expect earnings of $0.16 per share, down 69.81% from a year earlier.
The consensus revenue estimate is $772.85 million, up 24.96% year over year. For the full year, Zacks estimates earnings of $0.58 per share and revenue of $2.81 billion.
This article was produced with the help of AI technology. Source: Yahoo Finance
