Symbotic Inc reports results for the quarter ended June 30 - Earnings Summary
Symbotic Inc reports results for the quarter ended June 30 - Earnings Summary
Symbotic Inc SYM.OQ reported a quarterly adjusted loss of 5 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 11 cents to 57 cents per share.
Revenue rose 21.7% to $720.84 million from a year ago; analysts expected $715.14 million.
Symbotic Inc's reported EPS for the quarter was 9 cents.
The company reported quarterly net income of $11.67 million.
Symbotic Inc shares had risen by 5.6% this quarter and lost 20.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4.6% 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 "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 6 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Symbotic Inc is $70.00, about 32.2% above its last closing price of $47.46
This summary was machine generated from LSEG data August 5 at 09:01 p.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 |
Jun. 30 2026 | 0.17 | -0.05 | Missed |
Mar. 31 2026 | 0.15 | 0.03 | Missed |
Dec. 31 2025 | 0.12 | 0.07 | Missed |
Sep. 30 2025 | 0.10 | 0.03 | Missed |
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