CNFinance Hldgs (NYSE:CNF) is set to give its latest quarterly earnings report on Tuesday, 2023-08-29. Here’s what investors need to know before the announcement.
Analysts estimate that CNFinance Hldgs will report an earnings per share (EPS) of $0.01.
CNFinance Hldgs bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here’s a look at CNFinance Hldgs’s past performance and the resulting price change:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.03 | ||
| EPS Actual | 0.09 | 0.06 | 0.09 | 0.04 |
| Price Change % | -0.67% | 0.0% | 2.79% | 3.15% |
Stock Performance
Shares of CNFinance Hldgs were trading at $2.93 as of August 25. Over the last 52-week period, shares are up 11.36%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for CNFinance Hldgs visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
