How does CING's Q4 2024 EPS forecast compare to past trends?
4/10/2025 02:39pm
Cingulate's (CING) Q4 2024 EPS forecast of -$10.2 is an improvement compared to the past trends, as the company's financial performance has been declining significantly since 2020. The EPS in 2020 was -$2.79, followed by a decrease to -$29.35 in 2022, and a further decline to -$311.99 in 2023. The forecasted EPS of -$10.2 for Q4 2024 indicates a significant reduction in losses compared to the previous quarter's EPS of -$311.99. This suggests that the company may be approaching a turning point, and the forecast is a positive indicator for potential recovery in the near future.
|code|Ticker|Name|Date|Diluted EPS (FY) YoY|Diluted EPS (FY)|market_code|
|---|---|---|---|---|---|---|
|CING|CING.O|Cingulate|2021||-2.79|186|
|CING|CING.O|Cingulate|2022|-951.9713261648747|-29.35|186|
|CING|CING.O|Cingulate|2023|-962.9982964224871|-311.99|186|
|CING|CING.O|Cingulate|2024|96.73066444437322|-10.2|186|