Imunon IMNN will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Imunon to report an earnings per share (EPS) of $-0.40.
Anticipation surrounds Imunon's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
The company's EPS beat by $0.09 in the last quarter, leading to a 4.56% increase in the share price on the following day.
Here's a look at Imunon's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.60 | -0.57 | -2.30 | -0.66 |
EPS Actual | -0.51 | -0.52 | -0.52 | -0.37 |
Price Change % | 5.0% | -9.0% | 17.0% | 2.0% |
Imunon Share Price Analysis
Shares of Imunon were trading at $0.9803 as of November 05. Over the last 52-week period, shares are down 2.54%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Imunon visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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