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SYMBOTIC INC (SYM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-05-07 22:30
Core Insights - Symbotic Inc. reported revenue of $549.65 million for the quarter ended March 2025, reflecting a year-over-year increase of 29.5% [1] - The earnings per share (EPS) was -$0.04, a decline from $0.22 in the same quarter last year, indicating a significant EPS surprise of -180.00% compared to the consensus estimate of $0.05 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $517.91 million by 6.13% [1] Revenue Breakdown - Revenue from software maintenance and support was $6.69 million, surpassing the average estimate of $5.65 million from two analysts [4] - Revenue from systems reached $513.37 million, exceeding the two-analyst average estimate of $486.48 million [4] - Revenue from operation services was $29.59 million, also above the average estimate of $25.45 million from two analysts [4] Stock Performance - Shares of Symbotic Inc. have increased by 28.4% over the past month, outperforming the Zacks S&P 500 composite, which saw a change of +10.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]