Published on 9 May 2024 on Zacks via Yahoo Finance
Sony Group Corporation SONY is scheduled to report fourth-quarter fiscal 2023 results on May 14.The Zacks Consensus Estimate for earnings is pegged at 83 cents per share, indicating an increase of 6.4% from the year-ago levels. The consensus estimate for revenues is pegged at $18.97 billion, suggesting a decline of 18.1% from the prior-year actuals.The company’s earnings surpassed the Zacks Consensus Estimate in three of the last four quarters, while missing in the remaining quarter, the average surprise being 22.1%.
In the past year, the stock has lost 16.1% of its value compared with the sub-industry’s decline of 15.5%
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