HeartCore Enterprises (HTCR) Expected to Post Earnings on Monday

HeartCore Enterprises (NASDAQ:HTCR – Get Free Report) is anticipated to issue its results before the market opens on Monday, November 16th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $7.20 million for the quarter.

HeartCore Enterprises (NASDAQ:HTCR – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($1.45) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($1.85). HeartCore Enterprises had a negative return on equity of 138.90% and a net margin of 15.42%. The business had revenue of $0.32 million for the quarter, compared to analyst estimates of $6.20 million.

HeartCore Enterprises Trading Up 6.0%

NASDAQ:HTCR traded up $0.08 during mid-day trading on Friday, hitting $1.42. The company’s stock had a trading volume of 8,425 shares, compared to its average volume of 27,975. The stock has a fifty day moving average of $1.74 and a 200-day moving average of $3.12. The company has a market capitalization of $2.16 million, a price-to-earnings ratio of -0.34 and a beta of 1.71. HeartCore Enterprises has a fifty-two week low of $1.15 and a fifty-two week high of $13.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of HeartCore Enterprises in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Stock Report on HTCR

About HeartCore Enterprises

(Get Free Report)

HeartCore Enterprises, Inc. is a Japan-based enterprise software and consulting company that helps organizations manage digital content, streamline business processes and support digital transformation initiatives. The company serves businesses seeking to modernize their customer-facing and internal operations through software and related professional services. Its product portfolio includes the HeartCore content management system, which is designed to help companies create, manage and publish digital content across websites and other channels.

Further Reading

Earnings History for HeartCore Enterprises (NASDAQ:HTCR)

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