HealthStream Q3 EPS $0.19 Beats $0.12 Estimate, Sales $73.09M Miss $73.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
HealthStream reported Q3 earnings per share of $0.19, surpassing the $0.12 estimate, but sales of $73.09M fell short of the $73.53M estimate. EPS increased by 46.15% year-over-year, while sales grew by 3.92%.
October 21, 2024 | 8:37 pm
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POSITIVE IMPACT
HealthStream's Q3 EPS of $0.19 beat expectations by 58.33%, but sales of $73.09M missed estimates slightly. Despite the sales miss, the significant EPS beat and year-over-year growth in both EPS and sales are positive indicators.
The significant EPS beat suggests strong profitability, which is a positive signal for investors. Although sales missed estimates, the year-over-year growth in both EPS and sales indicates overall positive performance. The market may react favorably to the EPS beat, leading to a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100