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

Heartbeam

09/05/2024 23:38

* Heartbeam Inc  BEAT.OQ  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of -50
cents.  The mean expectation of two analysts for the quarter was
for a loss of 15 cents per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Heartbeam Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $4.61 million.
    * Heartbeam Inc shares had fallen by 4.1% this quarter and
lost 11.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.4%
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 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Heartbeam
Inc is
$6.00 

This summary was machine generated from LSEG data May 9 at 10:37
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
 Mar. 31 2024      -0.15          -0.17          Missed
 Dec. 31 2023      -0.13          -0.15          Missed
 Sep. 30 2023      -0.13          -0.13          Met
 Jun. 30 2023      -0.23          -0.16          Beat