Posted 12/28/2023, 11:15:18 PM
Symbotic Stock Underperforms as Earnings Growth Expected to Slow
- Symbotic (SYM) stock closed down 1.34% while the broader market was up slightly
- SYM shares have fallen 2.53% over the past month, underperforming the S&P 500
- SYM is expected to report earnings growth of 58.33% year-over-year when it discloses Q4 results
- Analysts estimate SYM will post full-year earnings growth of 94.59% and revenue growth of 51.71%
- The Zacks consensus rating on SYM stock is currently a Hold, with mixed recent estimate revisions from analysts