Published on 5 Apr 2024 on Zacks via Yahoo Finance
The latest trading session saw C3.ai, Inc. (AI) ending at $25.02, denoting a -1.22% adjustment from its last day's close. This move was narrower than the S&P 500's daily loss of 1.23%. On the other hand, the Dow registered a loss of 1.36%, and the technology-centric Nasdaq decreased by 1.4%.
Coming into today, shares of the company had lost 21.97% in the past month. In that same time, the Computer and Technology sector gained 2.32%, while the S&P 500 gained 1.61%.
The investment community will be closely monitoring the performance of C3.ai, Inc. in its forthcoming earnings report. The company is expected to report EPS of -$0.31, down 138.46% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $82.72 million, showing a 14.23% escalation compared to the year-ago quarter.