Earnings Outlook For CION Invt
Portfolio Pulse from Benzinga Insights
CION Investment Corporation (NYSE:CION) is scheduled to release its quarterly earnings report on March 14, 2024. Analysts predict an EPS of $0.41. The company's past earnings performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $11.03, with a 9.11% increase over the last year. Investors are optimistic but will focus on the company's guidance for future growth.
March 13, 2024 | 3:01 pm
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CION Investment Corporation is expected to report an EPS of $0.41 for the upcoming quarter. Historical performance shows a trend of beating estimates and positive stock price reactions. Currently trading at $11.03, the stock has seen a 9.11% increase over the past year.
CION's history of beating EPS estimates and the subsequent positive stock price reactions suggest a likely increase in stock price following the earnings report, especially if the company provides positive future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100