HeartBeam Q1 2024 GAAP EPS $(0.17) Misses $(0.15) Estimate
Portfolio Pulse from Benzinga Newsdesk
HeartBeam (NASDAQ:BEAT) reported Q1 2024 GAAP EPS of $(0.17), missing the $(0.15) estimate by 13.33%, but marking a 66% improvement over last year's $(0.50) per share loss.

May 09, 2024 | 9:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
HeartBeam's Q1 2024 earnings report showed a loss per share of $(0.17), missing the consensus estimate of $(0.15) but improved from last year's $(0.50) loss.
Missing earnings estimates typically has a negative short-term impact on a company's stock price, as it may indicate underperformance compared to market expectations. However, the significant improvement from the previous year's loss may mitigate some negative perceptions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100