A Glimpse of Innovative Ind Props's Earnings Potential

Innovative Ind Props (NYSE:IIPR) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Innovative Ind Props to report an earnings per share (EPS) of $2.29.

Innovative Ind Props bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.00, which was followed by a 1.27% increase in the share price the next day.

Here's a look at Innovative Ind Props's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.29

EPS Actual

2.29

2.21

2.28

2.29

Price Change %

1.0%

-3.0%

6.0%

7.000000000000001%

Market Performance of Innovative Ind Props's Stock

Shares of Innovative Ind Props were trading at $130.63 as of November 04. Over the last 52-week period, shares are up 70.67%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Innovative Ind Props

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Innovative Ind Props.

With 1 analyst ratings, Innovative Ind Props has a consensus ...