What do analysts say about CYN's EPS outlook?
4/10/2025 12:41am
**Analysts expect Cyngn's EPS to remain negative but improve from the previous quarter.** Here's a detailed analysis:
1. **Current EPS Projection**: Analysts estimate Cyngn's EPS to be -$0.12 for the upcoming quarter.
2. **Improvement from Previous Quarter**: This EPS estimate represents an improvement from the previous quarter, where Cyngn reported an EPS of -$4.11. The improvement is significant, indicating a potential reduction in losses.
3. **Comparison with Analyst Estimates**: Cyngn has beaten EPS estimates in previous quarters, with the most recent being -$8.00 for Q2 2024. The current estimate of -$0.12 suggests that analysts are anticipating a substantial improvement over the previous quarter's performance.
4. **Market Reaction to EPS Beat**: Historically, Cyngn's stock has shown a significant drop (28.09%) the day after an earnings beat, suggesting that the market may have concerns or react negatively to the company's continued revenue misses. However, the focus is also on the guidance or forecasted growth, which can influence the stock price more than the earnings beat or miss.
In conclusion, while analysts expect Cyngn's EPS to remain in the negative, the company is anticipated to show a significant improvement from its previous performance, which could be a sign of potential recovery or stabilization.