Confluent Inc (CFLT) Earnings

28.57 ↑0.00 (0.00%)
As of December 31, 1969, 7:00pm EST.
Last earnings report date: 0000-00-00Next earnings report date: N/A

Should You Buy CFLT Before Earnings?

Based on the last three years of earnings reports, buying CFLT stock within four weeks before its earnings date yielded an average return of 1.21%.

The best time to buy before earnings was 1 day before, which yielded an average return of 1.52% by the earnings date. The worst time was 7 days before, which yielded an average return of 0.42%.

Report dates analyzed: Feb 10 2022 - Oct 30 2024*

Disclaimer: Past performances is not a guarantee of future results.

Should You Buy CFLT After Earnings?

Based on the last three years of earnings reports, on average, CFLT has gone down -5.37% shortly after its earnings date. The stock bottoms around 21 day after earnings, where it is on average -7.99% lower than its closing price on the day of earnings.

Since CFLT has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.

Report dates analyzed: Nov 4 2021 - Jul 31 2024*

Disclaimer: Past performances is not a guarantee of future results.

Average Gains

The average return if you bought Confluent before its earnings report and sold at close on its earnings day.

Period28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of
Past 4 Earnings
1.66%

-0.70%

-0.07%

1.24%

2.64%

2.25%
Past 8 Earnings
2.53%

1.22%

0.57%

-1.21%

3.50%

1.34%
Past 12 Earnings
2.17%

2.18%

1.90%

1.22%

1.20%

-0.20%

CFLT Earnings History

Report Date28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of1 Day After7 Days After14 Days After21 Days After28 Days After
2024-10-30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-07-31N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-05-01N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
2024-01-2922.72
4.45%
22.59
5.05%
22.59
5.05%
22.40
5.94%
22.46
5.65%
23.73
4.91%
23.01
-3.03%
23.75
0.08%
31.52
32.83%
N/AN/A
2023-10-3128.29
2.19%
31.37
-7.84%
30.53
-5.31%
29.20
-0.99%
27.56
4.90%
28.91
4.11%
28.13
-2.70%
18.04
-37.60%
19.68
-31.93%
18.98
-34.35%
20.50
-29.09%
2023-08-0333.76
6.81%
36.96
-2.44%
37.33
-3.40%
34.06
5.87%
31.02
16.25%
36.06
10.78%
34.89
-3.25%
33.78
-6.32%
31.96
-11.37%
32.38
-10.21%
33.09
-8.24%
2023-05-0423.20
0.00%
25.12
-7.64%
23.63
-1.82%
23.02
0.78%
19.96
16.23%
23.20
6.86%
22.66
-2.33%
23.60
1.72%
27.38
18.02%
27.99
20.65%
32.41
39.70%
2023-02-0920.19
26.20%
20.20
26.14%
22.26
14.47%
27.08
-5.91%
26.02
-2.08%
25.48
-3.78%
25.20
-1.10%
26.76
5.02%
24.68
-3.14%
23.91
-6.16%
23.11
-9.30%
2022-11-0227.79
-19.40%
23.21
-3.49%
23.44
-4.44%
26.48
-15.41%
25.74
-12.98%
22.40
-12.19%
22.61
0.94%
19.06
-14.91%
22.49
0.40%
23.18
3.48%
23.03
2.81%
2022-08-0326.99
7.52%
24.86
16.73%
27.16
6.85%
24.70
17.49%
26.84
8.12%
29.02
6.30%
32.34
11.44%
32.45
11.82%
30.60
5.45%
28.87
-0.52%
27.36
-5.72%
2022-05-0538.97
-27.51%
38.95
-27.47%
35.83
-21.16%
34.33
-17.71%
33.45
-15.55%
28.25
-13.26%
23.73
-16.00%
19.30
-31.68%
18.50
-34.51%
19.74
-30.12%
22.76
-19.43%

Methodology

We analyzed the past three years of CFLT's earnings reports to calculate the average change in price of the stock before and after earnings.

Before Earnings

For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of CFLT on the day of the earnings report to calculate the return. The dates analyzed are:

  • 28 days prior (4 weeks)
  • 21 days prior (3 weeks)
  • 14 days prior (2 weeks)
  • 7 days prior (1 week)
  • 1 day prior

This simulates an individual purchasing CFLT stock on one of those days and selling on the day of the earnings report.

After Earnings

For calculating the average gains if you bought CFLT stock on the day of earnings, we looked at the closing price of CFLT on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:

  • 1 day after
  • 7 days after (1 week)
  • 14 days after (2 weeks)
  • 21 days after (3 weeks)
  • 28 day after (4 weeks)

This simulates an individual purchasing CFLT stock on the day of the earnings report and then selling on one of the dates following.

Day of

To calculate the gains on the day of earnings, we compared the opening price of CFLT to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.

Discussions

Please log in or register to share your thoughts.

graffititrain

$CFLT come on bulls we can do it
don’t let bears win

0 Like Report
aussie713

$CFLT it's just a matter of time and patience...

0 Like Report