CION Invt Q3 Net investment income per share $0.55 Beats $0.39 Estimate, Sales $67.54M Beat $55.80M Estimate
Portfolio Pulse from bharat@benzinga.com
CION Invt (NYSE:CION) reported Q3 earnings of $0.55 per share, beating the analyst consensus estimate of $0.39 by 41.03%. This is a 22.22% increase from the same period last year. The company also reported quarterly sales of $67.54 million, beating the analyst consensus estimate of $55.80 million by 21.04%. This is a 24.70% increase from the same period last year.
November 09, 2023 | 11:10 am
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CION Invt reported better than expected Q3 earnings and sales, which could positively impact its stock price.
CION Invt's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for the stock. The significant YoY growth in earnings and sales also indicates strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100