Earnings Outlook For IM Cannabis
Portfolio Pulse from Benzinga Insights
IM Cannabis (NASDAQ:IMCC) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a mixed trend of beating and missing EPS estimates, with corresponding changes in share price. The stock is currently trading at $0.99, down 84.46% over the last 52-week period.
August 11, 2023 | 5:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
IM Cannabis is expected to report an EPS of $0.03 in its upcoming earnings. The company's stock has been on a downward trend, with a 84.46% drop over the last year.
The company's stock has been on a downward trend, which indicates bearish sentiment among investors. The upcoming earnings report could potentially influence the stock price, especially if the company misses the EPS estimate or provides negative guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100