A Look Ahead: Mirion Technologies's Earnings Forecast

Mirion Technologies (NYSE:MIR) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-29. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Mirion Technologies will report an earnings per share (EPS) of $0.09.

The market awaits Mirion Technologies's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.03, leading to a 2.04% drop in the share price the following trading session.

Here's a look at Mirion Technologies's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.07

0.06

0.14

EPS Actual

0.10

0.06

0.15

0.05

Price Change %

-2.0%

-6.0%

7.000000000000001%

14.000000000000002%

Market Performance of Mirion Technologies's Stock

Shares of Mirion Technologies were trading at $14.36 as of October 25. Over the last 52-week period, shares are up 104.26%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Mirion Technologies

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Mirion Technologies.

Mirion Technologies has received a total of 1 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $14.0, the consensus suggests a potential 2.51% downside.

Peer Ratings Comparison

In this comparison, we explore the analyst ratings ...