Earnings Outlook For Helius Medical Tech
Portfolio Pulse from Benzinga Insights
Helius Medical Tech (NASDAQ:HSDT) is set to release its latest quarterly earnings report on November 9, 2023. Analysts estimate an earnings per share (EPS) of $-6.00. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $7.23, down 44.5% over the last 52-week period.
November 08, 2023 | 6:01 pm
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Helius Medical Tech is expected to report an EPS of $-6.00. Despite beating EPS estimates in the past, the company's share price has typically dropped. The stock is currently down 44.5% over the last 52 weeks.
The company has a history of beating EPS estimates but this has not translated into a rise in share price. In fact, the share price has typically dropped after earnings announcements. Given this trend and the fact that the stock is down 44.5% over the last 52 weeks, it is likely that the stock will continue to underperform in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100