Symbotic Inc reports results for the quarter ended December 31 - Earnings Summary

Symbotic

06/02/2025 02:03

* Symbotic Inc  SYM.OQ  reported quarterly breakeven
results​​ per
share for the quarter ended December 31, higher than the same
quarter last year, when the company reported EPS of -2 cents. 
The mean expectation of fifteen analysts for the quarter was
for earnings of 3 cents per share. Wall Street expected
results to range from -2 cents to 6 cents per share.
    * Revenue rose 32.1% to $486.69 million from a year ago;
analysts
expected $490.98 million. 
    * Symbotic Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The company reported a quarterly loss of $3.48 million.
    * Symbotic Inc shares had risen by 27.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 55.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Symbotic Inc is
$35.00 
This summary was machine generated from LSEG data February 6 at
02:02 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.03           0.00           Missed
 Sep. 30 2024      0.05           0.05           Met
 Jun. 30 2024      0.03           -0.02          Missed
 Mar. 31 2024      -0.04          -0.05          Missed