HeartCore Enterprises Q2 EPS $(0.04) Misses $0.11 Estimate, Sales $5.10M Beat $3.20M Estimate
Portfolio Pulse from Happy Mohamed
HeartCore Enterprises (NASDAQ:HTCR) reported Q2 losses of $(0.04) per share, missing the analyst consensus estimate of $0.11 by 136.36%. However, the company reported quarterly sales of $5.10 million, beating the analyst consensus estimate of $3.20 million by 59.23%.
August 14, 2023 | 12:45 pm
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NEGATIVE IMPACT
HeartCore Enterprises reported a larger than expected loss for Q2 but exceeded sales estimates.
HeartCore Enterprises reported a larger than expected loss for Q2, which could negatively impact the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100