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Recap: Sony Q2 Earnings


Benzinga | Oct 28, 2020 07:47AM EDT

Recap: Sony Q2 Earnings



Shares of Sony (NYSE:SNE) moved higher by 4.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 152.55% year over year to $3.46, which may not compare to the estimate of $0.90.

Revenue of $19,867,000,000 up by 1.20% from the same period last year, which beat the estimate of $18,470,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 28, 2020

Time: 03:00 AM

ET Webcast URL: https://www.sony.net/SonyInfo/IR/library/presen/er/

Recent Stock Performance

Company's 52-week high was at $84.14

Company's 52-week low was at $50.94

Price action over last quarter: down 0.80%

Company Overview

Sony is a conglomerate with consumer electronics roots and various well-known brand names, such as Walkman in portable audio players, Vaio in PCs, Xperia in smartphones, Cybershot and Alpha in digital cameras, and PlayStation in video game consoles. It currently has seven main business segments, operating electronic appliances, games, devices and semiconductors, entertainment content, and financial services.






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