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Stock impact report

Sony (SONY) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Elsewhere, the Dow gained 0.07%, while the tech-heavy Nasdaq lost 0.05%. The the stock of electronics and media company has risen by 6.98% in the past month, leading the Consumer Discretionary sector's loss of 0.56% and the S&P 500's gain of 1.05%. Analysts and investors alike will be keeping a close eye on the performance of Sony in its upcoming earnings disclosure. On that day, Sony is projected to report earnings of $0.27 per share, which would represent a year-over-year decline of 32.5%. In the meantime, our current consensus estimate forecasts the revenue to be $23.59 billion, indicating a 7.05% decline compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.17 per share and revenue of $82.4 billion, indicating changes of +7.34% and -2.32%, respectively, compared to the previous year. Investors should also note any r Show less Read more
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