C3.ai Stock Underperforms as Upcoming Earnings Expected to Show Decline Despite Revenue Growth
• C3.ai (AI) stock dropped 1.02% despite market gains, underperforming the S&P 500, Dow, and Nasdaq • AI stock has lagged the market over the past month, losing 15.34% vs a 2-5% gain for indexes • AI's upcoming earnings projected to show 366% drop vs last year amid 13% revenue growth • For the full year, estimates call for 74% EPS decline but 15% higher revenue • AI currently has a Zacks Rank #4 (Sell); investors should monitor earnings and analyst revisions