Symbotic: Q4 Earnings Insights

Symbotic SYM reported its Q4 earnings results on Monday, November 20, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Symbotic beat estimated earnings by 33.33%, reporting an EPS of $-0.08 versus an estimate of $-0.12.

Revenue was up $147.48 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 9.33% drop in the share price the next day.

Here's a look at Symbotic's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.06 -0.03 -0.06 -0.04
EPS Actual -0.07 -0.10 -0.12 -0.10
Revenue Estimate 261.02M 224.81M 194.20M 152.83M
Revenue Actual 311.84M 266.85M 206.31M 244.41M

To track all earnings releases for Symbotic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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