Sony Corp Ord (NYSE:SNE) is expected to report second quarter earnings results, before market open, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.90 per share.
Looking ahead, the full year income are expected at $ 3.81 per share on the revenues of $ 79710.10 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 77,570.00 million ~ $ 77,570.00 million
Click Here For More Historical Outlooks Of Sony Corp Ord
Previous Quarter Performance
Sony Corp Ord outlined income for the first quarter of $ 1.74 per share, from the revenue of $ 18,311.00 million. The quarterly earnings up 61.11 percent while revenues developed 4.55 percent compared with the same quarter last year.
Street analysts expected Sony Corp Ord to report income of $ 0.44 per share on revenue of $ 14579.40 million for the first quarter. The bottom line results beat street analysts by $ 1.3 or 295.45 percent, at the same time, top line results outshined analysts by $ 3,731.60 million or 25.60 percent.
Stock Performance
Shares of Sony Corp Ord traded up $ 1.27 or 1.67 percent on Tuesday, reaching $ 77.47 with volume of 1.45 million shares. Sony Corp Ord has traded high as $ 78.29 and has cracked $ 76.95 on the downward trend
According to the previous trading day, closing price of $ 77.47, representing a 49.59 % increase from the 52 week low of $ 50.94 and a 9.45 % decrease over the 52 week high of $ 84.15.
The company has a market capital of $ 96.03 billion and is part of the Technology sector and Consumer Electronics industry.
Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company distributes software titles and add-on content through digital networks by Sony Interactive Entertainment; network services related to game, video, and music content; and home and portable game consoles, packaged software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications based on animation titles, and various services for music and visual products.
