Company Performance - Unity Software Inc. is projected to report earnings of -$1.81 per share and revenue of $1.83 billion for the full year, reflecting changes of -541.46% and -16.21% from the prior year [1] - The stock price of Unity Software Inc. ended at $16.21, showing a -0.98% change from the previous day's closing price, which underperformed compared to the S&P 500's loss of 0.71% [3] - The stock has increased by 5.41% over the past month, contrasting with the Computer and Technology sector's decline of 3.88% and the S&P 500's gain of 1.08% [5] Analyst Estimates - The upcoming earnings report for Unity Software Inc. is scheduled for August 8, 2024, with an anticipated EPS of -$0.44, indicating a 728.57% decline compared to the same quarter last year, and a revenue forecast of $433.43 million, representing an 18.76% decrease [9] - Recent changes to analyst estimates for Unity Software Inc. reflect evolving short-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [7] Industry Context - The Internet - Software industry, which includes Unity Software Inc., currently holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [10]
Unity Software Inc. (U) Declines More Than Market: Some Information for Investors