Earnings Outlook For CION Invt

CION Invt (NYSE:CION) will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate CION Invt to report an earnings per share (EPS) of $0.38.

CION Invt 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).

Performance in Previous Earnings

Last quarter the company beat EPS by $0.03, which was followed by a 0.0% drop in the share price the next day.

Here's a look at CION Invt's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.40

0.41

0.41

0.39

EPS Actual

0.43

0.60

0.40

0.55

Price Change %

0.0%

2.0%

0.0%

4.0%

Tracking CION Invt's Stock Performance

Shares of CION Invt were trading at $11.61 as of November 05. Over the last 52-week period, shares are up 10.89%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on CION Invt

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