Preview: Imunon's Earnings
Portfolio Pulse from Benzinga Insights
Imunon (NASDAQ:IMNN) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts expecting an EPS of $-0.57. The company's past performance shows a mixed impact on its stock price following earnings announcements, with the last quarter resulting in a 2.04% increase after beating EPS estimates. Shares are currently trading at $1.15, reflecting a 7.48% increase over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
March 27, 2024 | 5:01 pm
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Imunon is expected to announce its quarterly earnings with an anticipated EPS of $-0.57. Historical data shows its stock price can fluctuate post-earnings, with a recent positive trend.
Given Imunon's history of beating EPS estimates and the subsequent positive and negative impacts on its stock price, the upcoming earnings report could go either way. However, the anticipation of positive guidance and a recent upward trend in the stock price suggest a neutral to slightly positive outlook in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100