Core Viewpoint - Analysts project that Symbotic Inc. (SYM) will report quarterly earnings of $0.08 per share, reflecting a significant year-over-year increase of 366.7% [1] - Revenue is expected to reach $622.31 million, marking a 27.9% increase from the same quarter last year [1] Earnings Estimates - There have been no revisions in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [1][2] - Revisions to earnings estimates are crucial for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Revenue Projections - Analysts estimate that 'Revenue- Software maintenance and support' will reach $10.17 million, representing an 84% year-over-year increase [4] - The 'Revenue- Systems' is projected to be $587.91 million, indicating a 26.7% increase from the prior year [4] - The consensus for 'Revenue- Operation services' is $25.66 million, reflecting a 50% increase from the previous year [4] Stock Performance - SYM shares have decreased by 5.6% over the past month, contrasting with the Zacks S&P 500 composite's increase of 0.9% [5] - With a Zacks Rank of 5 (Strong Sell), SYM is expected to underperform the overall market in the near term [5]
SYMBOTIC INC (SYM) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures