* electroCore, Inc. reported a quarterly adjusted loss of 31 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -68 cents. The mean expectation of four analysts for the quarter was for a loss of 33 cents per share. Wall Street expected results to range from -36 cents to -30 cents per share.
* Revenue rose 45.4% to $6.55 million from a year ago; analysts expected $6.49 million.
* electroCore, Inc.'s reported EPS for the quarter was a loss of 31 cents.
* The company reported a quarterly loss of $2.5 million.
* electroCore, Inc. shares had risen by 72.2% this quarter and gained 108.8% 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 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"
Wall Street's median 12-month price target for electroCore, Inc. is $26.50 This summary was machine generated from LSEG data November 14 at 04:03 a.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 -0.44 -0.31 Beat
Jun. 30 2024 -0.44 -0.38 Beat
Mar. 31 2024 -0.62 -0.52 Beat
Dec. 31 2023 -0.61 -0.61 Met
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