electroCore (NASDAQ:ECOR) is set to give its latest quarterly earnings report on Wednesday, 2024-03-13. Here's what investors need to know before the announcement.
Analysts estimate that electroCore will report an earnings per share (EPS) of $-0.61.
electroCore bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at electroCore's past performance and the resulting price change:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -1 | -1 | -1.12 | |
| EPS Actual | -0.68 | -1.03 | -1.24 | -1.22 |
| Price Change % | 3.0% | -9.0% | -5.0% | 9.0% |
Stock Performance
Shares of electroCore were trading at $6.6 as of March 11. Over the last 52-week period, shares are up 78.89%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for electroCore visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.