HealthStream Inc reports results for the quarter ended in December - Earnings Summary

HealthStream

19/02/2024 22:39

* HealthStream Inc  HSTM.OQ  reported quarterly adjusted
earnings
of 15 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 8 cents.  The mean expectation of seven analysts
for the quarter was for earnings of 10 cents per share. Wall
Street expected results to range from 8 cents to 15 cents per
share.
    * Revenue rose 3% to $70.58 million from a year ago;
analysts
expected $71.79 million. 
    * HealthStream Inc's reported EPS for the quarter was 15
cents​.
    * The company reported quarterly net income of $4.59
million.
    * HealthStream Inc shares had risen by 2.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for HealthStream Inc
is $29.50 
This summary was machine generated from LSEG data February 19 at
10:39 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.10           0.15           Beat
 Sep. 30 2023      0.09           0.13           Beat
 Jun. 30 2023      0.09           0.13           Beat
 Mar. 31 2023      0.08           0.09           Beat