SkyWater Technology, Inc. (SKYT) Surpasses Market Returns: Some Facts Worth Knowing

Stock Performance - SkyWater Technology Inc closed at $11 33, marking a +0 18% move from the prior day, outperforming the S&P 500's daily gain of 0 12% [1] - Shares of the company have appreciated by 11 32% over the past month, outperforming the Computer and Technology sector's loss of 3 73% and the S&P 500's loss of 3 45% [1] Earnings and Revenue Projections - The company's earnings per share (EPS) are projected to be -$ 0 07, reflecting a 250% decrease from the same quarter last year [2] - The latest consensus estimate predicts revenue to be $74 1 million, indicating a 6 38% decrease compared to the same quarter of the previous year [2] Analyst Forecasts and Revisions - Investors should monitor recent revisions to analyst forecasts, as these modifications signify changing near-term business trends [3] - Positive alterations in estimates indicate analyst optimism regarding the company's business and profitability [3] Zacks Rank and Industry Performance - SkyWater Technology Inc currently has a Zacks Rank of 3 (Hold) [5] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 92, placing it in the top 37% of all 250+ industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]