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Stock impact report

Sony (SONY) Stock Moves -1.35%: What You Should Know [Yahoo! Finance]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: Yahoo! Finance
Elsewhere, the Dow lost 1.73%, while the tech-heavy Nasdaq lost 3.07%. Coming into today, shares of the electronics and media company had lost 3.43% in the past month. In that same time, the Consumer Discretionary sector lost 5.64%, while the S&P 500 lost 4.17%. Market participants will be closely following the financial results of Sony in its upcoming release. It is anticipated that the company will report an EPS of $0.12, marking a 42.86% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $20.4 billion, showing a 13.03% drop compared to the year-ago quarter. Investors might also notice recent changes to analyst estimates for Sony. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Research indicates that these estimate revisions are directly correlated Show less Read more
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