Recap: Symbotic Q1 Earnings

Symbotic SYM reported its Q1 earnings results on Monday, February 5, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Symbotic beat estimated earnings by 66.67%, reporting an EPS of $-0.02 versus an estimate of $-0.06.

Revenue was up $162.14 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 40.15% increase in the share price the next day.

Here's a look at Symbotic's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.12 -0.06 -0.03 -0.06
EPS Actual -0.08 -0.07 -0.10 -0.12
Revenue Estimate 306.90M 261.02M 224.81M 194.20M
Revenue Actual 391.89M 311.84M 266.85M 206.31M

To track all earnings releases for Symbotic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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