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

electroCore,.

03/05/2023 22:02

* electroCore, Inc.  ECOR.OQ  reported a quarterly adjusted
loss
of $1.24​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 100 cents per share.
    * Revenue rose 46.4% to $2.78 million from a year ago;
analysts
expected $2.95 million. 
    * electroCore, Inc.'s reported EPS for the quarter was a
loss of
$1.24​.
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * electroCore, Inc. shares had risen by 8.2% this
quarter and
gained 54.5% so far this year.
    * The company reported a quarterly loss of $5.87 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 May
3 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -1.08          -1.20          Missed