Heartbeam Inc expected to post a loss of 13 cents a share - Earnings Preview

Heartbeam

18/03/2024 20:25

* Heartbeam Inc  BEAT.OQ   BEAT.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 20 for the
period ending December 31 2023
    * The Santa Clara California-based  company is expected to
report
revenue of $41.67 thousand, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Heartbeam Inc is for a
loss
of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 Heartbeam
Inc is
$5.78​, above​ its last closing price of $2.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.13       -0.13      -0.13     Met     0
 Jun. 30 2023  -0.23       -0.23      -0.16     Beat    30.4
 Mar. 31 2023  -0.33       -0.31      -0.50     Missed  -61.3​
 Dec. 31 2022  -0.48       -0.37      -0.45     Missed  -22.7
 ​​Sep.        -0.33       -0.32      -0.44     Missed  -35.4
 30 2022                                                
 Jun. 30 2022              -0.27      -0.43     Missed  -59.3​
 Mar. 31 2022  -0.19       -0.19      -0.27     Missed  -42.1
 Dec. 31 2021              -0.11                        
 This summary was machine generated March 18 at 20:25 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)