Heartbeam Inc reports results for the quarter ended in June - Earnings Summary

Heartbeam

10/08/2023 22:02

* Heartbeam Inc  BEAT.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 23 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Heartbeam Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 17.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Heartbeam Inc shares had risen by 9.1% this quarter and
lost 46.1% so far this year.
    * The company reported a quarterly loss of $3.15 million.
    * Wall Street's median 12-month price target for Heartbeam
Inc is
$6.78 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.23          -0.16          Beat
 Mar. 31 2023      -0.31          -0.50          Missed
 Dec. 31 2022      -0.37          -0.45          Missed
 Sep. 30 2022      -0.32          -0.44          Missed