Preview: Symbotic's Earnings
Portfolio Pulse from Benzinga Insights
Symbotic (NASDAQ:SYM) is set to release its quarterly earnings report on July 31, 2023. Analysts estimate an EPS of $-0.06. The company's past performance shows a correlation between EPS and share price. Shares of Symbotic were trading at $39.46 as of July 27, with a 125.07% increase over the last 52-week period.

July 28, 2023 | 6:02 pm
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NEUTRAL IMPACT
Symbotic's upcoming earnings report could impact its stock price. Past performance shows a correlation between EPS and share price. The stock has seen a 125.07% increase over the last 52 weeks.
The upcoming earnings report is a significant event for Symbotic. Given the past correlation between the company's EPS and its stock price, the report could have a substantial impact on the stock. However, the direction of the impact will depend on whether the company meets, exceeds, or falls short of the estimated EPS. The stock's strong performance over the past year indicates investor confidence, which could influence the market's reaction to the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100