Symbotic Q3 EPS $(0.07) Beats $(0.08) Estimate, Sales $311.84M Beat $262.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Symbotic (NASDAQ:SYM) reported Q3 losses of $(0.07) per share, beating the analyst consensus estimate of $(0.08) by 12.5%. This is a 133.33% decrease over losses from the same period last year. The company also reported quarterly sales of $311.84 million, beating the analyst consensus estimate of $262.68 million by 18.71%. This is a 77.63% increase over sales from the same period last year.
July 31, 2023 | 11:02 am
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Symbotic's Q3 earnings beat analyst estimates with losses of $(0.07) per share and sales of $311.84 million. This represents a decrease in losses and an increase in sales compared to the same period last year.
Symbotic's Q3 earnings report shows a decrease in losses and an increase in sales compared to the same period last year, both beating analyst estimates. This positive financial performance could lead to a short-term increase in the company's stock price.
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RELEVANCE 100