Helius Medical Technologies Inc expected to post a loss of $3.87 a share - Earnings Preview

Reuters05-11

* Helius Medical Technologies Inc is expected to show a rise in quarterly revenue when it reports results on May 13 for the period ending March 31 2024

* The Newtown Pennsylvania-based company is expected to report a 17.6% increase in revenue to $130.5 thousand from $111 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Helius Medical Technologies Inc is for a loss of $3.87 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 3.8% in the last three months. ​

* Wall Street's median 12-month price target for Helius Medical Technologies Inc is $15.00​, above​ its last closing price of $1.63. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 -4.05 -3.77 -1.47 Beat 61

Sep. 30 2023 -6.00 -5.49 Beat 8.5

Jan. 1 0001 -6.00 -5.83 -3.00 Beat 48.6​

Mar. 31 2023 -5.48 -5.50 -4.50 Beat 18.2

​​Dec. -6.64 -6.50 -8.50 Missed -30.8

31 2022

Jan. 1 0001 -10.52 -10.50 -1.50 Beat 85.7​

Jun. 30 2022 -56.00 -56.00 -48.50 Beat 13.4

Mar. 31 2022 -56.50 -56.50 -57.50 Missed -1.8

This summary was machine generated May 10 at 22:40 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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment