Symbotic (US:SYM) ZACKSยท2025-05-07 22:10Group 1 - Symbotic Inc. reported a quarterly loss of $0.04 per share, which was better than the Zacks Consensus Estimate of $0.05, but a decline from earnings of $0.22 per share a year ago, resulting in an earnings surprise of -180% [1] - The company posted revenues of $549.65 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 6.13%, and showing an increase from $424.3 million in the same quarter last year [2] - Over the last four quarters, Symbotic has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2 - The stock has lost approximately 3.2% since the beginning of the year, while the S&P 500 has declined by 4.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.07 on revenues of $577.07 million, and for the current fiscal year, it is $0.26 on revenues of $2.27 billion [7] Group 3 - The Zacks Industry Rank indicates that the Technology Services sector is currently in the top 26% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Symbotic is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]