In the latest session, Symbotic Inc. (SYM) saw a 3.44% decline to $61.43, underperforming the S&P 500. Over the past month, SYM shares have risen by 6.89%, outpacing the Business Services sector and the S&P 500. The upcoming earnings report projects a 400% increase in earnings to $0.09 per share and a 27.86% rise in revenue to $622.31 million.

Analysts expect full-year earnings for Symbotic Inc. to be $0.42 per share, a 76.92% decrease from last year. The Zacks Rank system, which considers analyst estimate changes, currently rates SYM as a #4 (Sell). SYM’s Forward P/E ratio is 153.3, higher than the industry average of 19.54. The Technology Services industry has a Zacks Industry Rank of 85, putting it in the top 35%.

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Read more at Nasdaq: Symbotic Inc. (SYM) Registers a Bigger Fall Than the Market: Important Facts to Note