Unity Software Inc. (U) Laps the Stock Market: Here's Why

Group 1 - Unity Software Inc. ended the recent trading session at $42.76, with a +1.54% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.59% [1] - The stock has increased by 4.83% over the past month, which is below the Computer and Technology sector's gain of 7.68% but above the S&P 500's gain of 2.72% [1] Group 2 - Analysts expect Unity Software Inc. to report earnings of $0.17 per share, reflecting a year-over-year growth of 154.84%, with revenue estimated at $447.48 million, a 0.21% increase compared to the same quarter last year [2] - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.78 per share and revenue of $1.81 billion, indicating changes of +146.43% and -0.37% respectively from the previous year [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that Unity Software Inc. is currently rated as 2 (Buy) [5] - The Forward P/E ratio for Unity Software Inc. is 54.22, which is a premium compared to its industry's Forward P/E of 30.06 [6] Group 4 - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 65, placing it in the top 27% of over 250 industries [6]