Sony shares rose about 2% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.
The Japanese company reported a rise in fourth-quarter net profit thanks partly to higher earnings from its music and movie businesses.
Sony on Wednesday reported operating profit for the year ended March rose 16% to 1.4 trillion yen ($9.51 billion), beating analyst estimates.
Sony's Q4 performance is likely to have benefited from elevated demand across G&NS, Music and Financial Services units amid soft trends in the ET&S business.
Sony (SONY) closed the most recent trading day at $24.70, moving +1.02% from the previous trading session.
The latest trading day saw Sony (SONY) settling at $25.33, representing a +0.2% change from its previous close.
Does Sony (SONY) have what it takes to be a top stock pick for momentum investors? Let's find out.
The latest trading day saw Sony (SONY) settling at $26, representing a +0.97% change from its previous close.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Sony (SONY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Sony (SONY) closed the most recent trading day at $25.12, moving +0.92% from the previous trading session.