electroCore, Inc. expected to post a loss of 62 cents a share - Earnings Preview

electroCore,.

07/05/2024 03:01

* electroCore, Inc.  ECOR.OQ   ECOR.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Rockaway New Jersey-based  company is expected to
report a
71.5% increase in revenue to $4.767 million from $2.78 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for electroCore, Inc. is for
a
loss of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
electroCore, Inc.
is $26.50​, above​ its last closing price of $7.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.61       -0.61      -0.61     Met     -0.4
 Jan. 1 2023   -0.70       -0.70      -0.68     Beat    2.4
 Jun. 30 2023  -0.95       -0.96      -1.03     Missed  -6.9​
 Mar. 31 2023  -1.03       -1.00      -1.24     Missed  -24.4
 ​​Dec.        -1.06       -1.12      -1.22     Missed  -9.3
 31 2022                                                
 Sep. 30 2022  -1.13       -1.08      -1.20     Missed  -11.1​
 Jun. 30 2022  -1.14       -1.08      -1.20     Missed  -11.1
 Jan. 1 0001   -1.00       -0.99      -1.20     Missed  -21.2
 This summary was machine generated May 7 at 02:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)