electroCore, Inc. reports results for the quarter ended in June - Earnings Summary

electroCore,.

09/08/2023 23:29

* electroCore, Inc.  ECOR.OQ  reported a quarterly adjusted
loss
of $1.03​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 96
cents per share.
    * Revenue rose 64.6% to $3.55 million from a year ago;
analysts
expected $3.54 million. 
    * electroCore, Inc.'s reported EPS for the quarter was a
loss of
$1.03​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * electroCore, Inc. shares had risen by 23.3% this
quarter and
gained 56.8% so far this year.
    * The company reported a quarterly loss of $4.9 million.
    * Wall Street's median 12-month price target for
electroCore, Inc.
is $26.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:29 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.96          -1.03          Missed
 Mar. 31 2023      -1.00          -1.24          Missed
 Dec. 31 2022      -1.12          -1.22          Missed
 Sep. 30 2022      -1.08          -1.20          Missed