* Talkspace Inc reported quarterly adjusted earnings of 1 cent per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from zero cents to 1 cents per share.
* Revenue rose 22.6% to $47.40 million from a year ago; analysts expected $47.48 million.
* Talkspace Inc's reported EPS for the quarter was 1 cent.
* The company reported quarterly net income of $1.87 million.
* Talkspace Inc shares had risen by 28.7% this quarter and gained 5.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the healthcare facilities & services peer group is also "buy"
Wall Street's median 12-month price target for Talkspace Inc is 3.50 This summary was machine generated from LSEG data October 29 at 02:15 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
Sep. 30 2024 0.00 0.01 Beat
Jun. 30 2024 0.00 0.00 Met
Mar. 31 2024 -0.01 -0.01 Met
Dec. 31 2023 -0.03 -0.01 Beat
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