Intchains Gr's Earnings Outlook

Intchains Gr ICG will release its quarterly earnings report on Wednesday, 2024-11-20. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Intchains Gr to report an earnings per share (EPS) of $0.05.

Anticipation surrounds Intchains Gr'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.

Overview of Past Earnings

Last quarter the company beat EPS by $0.08, which was followed by a 4.53% increase in the share price the next day.

Tracking Intchains Gr's Stock Performance

Shares of Intchains Gr were trading at $4.09 as of November 15. Over the last 52-week period, shares are down 53.62%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Intchains Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.