Sony (SONY) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - Sony's stock decreased by 2.28% to $29.10, underperforming the S&P 500's daily gain of 0.26% [1] - Over the past month, Sony's stock has increased by 8.21%, outperforming the Consumer Discretionary sector's decline of 0.21% and the S&P 500's gain of 2.87% [1] Earnings Expectations - Upcoming earnings report is expected to show an EPS of $0.33, a decline of 10.81% year-over-year [2] - Projected revenue for the upcoming quarter is $20.04 billion, reflecting a 2.64% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at $1.18 per share, down 4.07% from the previous year [3] - Revenue for the full year is estimated at $81.05 billion, a decrease of 4.7% compared to the prior year [3] Analyst Estimates and Market Sentiment - Recent analyst estimate revisions are seen as indicators of business outlook, with positive revisions suggesting optimism [3][4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Sony as 3 (Hold) [5] Valuation Metrics - Sony's Forward P/E ratio stands at 25.24, aligning with the industry average [6] - The Audio Video Production industry, part of the Consumer Discretionary sector, ranks in the top 41% of over 250 industries according to the Zacks Industry Rank [6]