Heartbeam Inc reports results for the quarter - Earnings Summary

• Heartbeam Inc BEAT.OQ reported a quarterly adjusted loss of 19 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of two analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -18 cents to -17 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Heartbeam Inc's reported EPS for the quarter was a loss of 19 cents​.

• The company reported a quarterly loss of $4.98 million.

• Heartbeam Inc shares had risen by 0.4% this quarter and lost 0.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.1% 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 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is "hold."

Wall Street's median 12-month price target for Heartbeam Inc is 5.00

This summary was machine generated from LSEG data November 8 at 09:01 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)