Get ready to mark your calendars because the much anticipated second quarter financial results of CI&T (NYSE: CINT) are set to be unveiled on Friday 16th August 2024. Investors and market watchers will have the chance to dive into the company’s financial performance as the announcement is scheduled before market open.
The financial experts on Wall Street are predicting that the company will likely report an estimated $0.06 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $99.37 million revenue during the quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $422.7 million. Additionally, they are expecting the company to achieve per share profit of $0.25 for the fiscal year.
The company’s earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.09. This figure was a result of the company’s total revenue, which reached an impressive $115.52 million million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.06 | -33.3% | 105.76 M | -9.9% |
| Q4 2023 | $0.03 | -57.1% | 105.50 M | -9.3% |
| Q3 2023 | $0.07 | +75.0% | 108.40 M | +15.3% |
| Q2 2023 | $0.09 | +12.5% | 115.52 M | +8.0% |
*Growth on year-over-year basis
CI&T (CINT) shares traded as low as $6.64 and as high as $6.85 on a day volume of 122.50 thousand shares, closed Thursday’s regular trading session at $6.75, an upturn of 1.05 percent.
