Symbotic SYM is gearing up to announce its quarterly earnings on Monday, 2024-11-18. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Symbotic will report an earnings per share (EPS) of $0.05.
Investors in Symbotic are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
Last quarter the company missed EPS by $0.04, which was followed by a 23.52% drop in the share price the next day.
Here's a look at Symbotic's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | -0.05 | -0.06 | -0.12 |
| EPS Actual | -0.02 | -0.07 | -0.02 | -0.08 |
| Price Change % | -24.0% | 11.0% | -24.0% | 40.0% |
Performance of Symbotic Shares
Shares of Symbotic were trading at $29.93 as of November 14. Over the last 52-week period, shares are down 20.1%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Symbotic visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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