A Preview Of electroCore's Earnings
Portfolio Pulse from Benzinga Insights
electroCore (NASDAQ:ECOR) is scheduled to release its quarterly earnings report on March 13, 2024, with an estimated EPS of $-0.61. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historical data shows a mixed impact of past earnings reports on stock price. Shares of electroCore have seen a 78.89% increase over the last 52 weeks, trading at $6.6 as of March 11.
March 12, 2024 | 5:01 pm
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electroCore is expected to report an EPS of $-0.61 for the latest quarter with hopes of beating this estimate and providing positive future guidance. The stock has risen 78.89% over the past year.
Given the historical performance and the positive trend in stock price over the last year, a beat on the estimated EPS and positive guidance could further boost investor confidence and potentially lead to a short-term price increase. However, the actual impact will depend on the specifics of the earnings report and the guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100