Symbotic Inc. (NASDAQ:SYM ) Q4 2024 Earnings Conference Call November 18, 2024 5:00 PM ET Company Participants Charlie Anderson - VP, IR Rick Cohen - Founder, Chairman & CEO Carol Hibbard - CFO Jeff Evanson - VP, IR & Corporate Development Conference Call Participants Jim Ricchiuti - Needham Ross Sparenblek - William Blair Ken Newman - KeyBanc Capital Markets Damian Karas - UBS Matt Summerville - D.A. Davidson Derek Soderberg - Cantor Fitzgerald Rob Mason - Baird Greg Palm - Craig-Hallum Michael Latimore - Northland Capital Markets Guy Hardwick - Freedom Capital Markets Operator Thank you for standing by, and welcome to Symbotic's Fourth Quarter and Fiscal 2024 Financial Results Conference Call.
Symbotic Inc. (SYM) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.08 per share a year ago.
Recently, Zacks.com users have been paying close attention to SYMBOTIC INC (SYM). This makes it worthwhile to examine what the stock has in store.
SYM's top-line results for the fourth quarter of fiscal 2024 are likely to gain from its 39 systems in the deployment process.
The latest trading day saw Symbotic Inc. (SYM) settling at $34.32, representing a -1.66% change from its previous close.
Recently, Zacks.com users have been paying close attention to SYMBOTIC INC (SYM). This makes it worthwhile to examine what the stock has in store.
In the most recent trading session, Symbotic Inc. (SYM) closed at $29.96, indicating a +1.49% shift from the previous trading day.
In the most recent trading session, Symbotic Inc. (SYM) closed at $28.58, indicating a +0.95% shift from the previous trading day.
The latest trading day saw Symbotic Inc. (SYM) settling at $30.14, representing a +0.3% change from its previous close.
Symbotic offers advanced robotics solutions for warehousing, enhancing efficiency, speed, and accuracy, with significant clients like Walmart and Target. Macro factors like e-commerce growth, additional robotics use cases, and improved AI capabilities are expected to drive SYM's future growth. The Company has a $22.8B backlog, with a conservative forecast predicting 509% EV growth over six years, making it a speculative buy.
Recently, Zacks.com users have been paying close attention to SYMBOTIC INC (SYM). This makes it worthwhile to examine what the stock has in store.
Symbotic Inc. (SYM) closed at $28.83 in the latest trading session, marking a +0.59% move from the prior day.