Helius Medical Tech's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Helius Medical Tech (NASDAQ:HSDT) is scheduled to release its quarterly earnings report on Thursday, 2024-03-28, with an expected EPS of $-3.77. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings performances, with shares currently down 57.0% over the last 52 weeks.
March 27, 2024 | 4:01 pm
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Helius Medical Tech is expected to report an EPS of -$3.77 for the quarter. Past earnings have shown a mixed impact on stock prices, with a significant 57% decline over the past year.
Given the anticipated EPS and the historical performance of HSDT's stock after earnings announcements, the short-term impact is uncertain. The stock's reaction will likely hinge on whether the actual earnings beat the forecast and the nature of the future guidance provided. Historical data indicates that the stock price has been sensitive to past earnings performances, but the overall trend has been negative over the last year.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100