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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POSITIVE IMPACT
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