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Stock impact report

CI Financial Corp. (CIXXF) Flat As Market Sinks: What You Should Know [Yahoo! Finance]

CI Financial Corp. Common Shares (CIXX) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a loss of 0.22% for the day. Meanwhile, the Dow experienced a rise of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.52%. The company's shares have seen a decrease of 7.83% over the last month, not keeping up with the Finance sector's loss of 6.38% and the S&P 500's loss of 1.66%. Investors will be eagerly watching for the performance of CI Financial Corp. in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.64, showcasing a 16.36% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $508.4 million, reflecting a 7.78% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $2.79 per share and revenue of $2.08 billion, which would represent changes of +21.3% and +2.09%, respectively, from the prior year. Investors should also n Show less Read more
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