HeartCore Enterprises (HTCR) Set to Announce Earnings on Monday

HeartCore Enterprises (NASDAQ:HTCR) is expected to announce 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) last posted its earnings results on Thursday, August 13th. The company reported ($1.45) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($1.85). The firm had revenue of $0.32 million during the quarter, compared to the consensus estimate of $6.20 million. HeartCore Enterprises had a negative return on equity of 138.90% and a net margin of 15.42%.

HeartCore Enterprises Price Performance

Shares of HeartCore Enterprises stock opened at $1.51 on Monday. The stock has a market capitalization of $2.30 million, a P/E ratio of -0.36 and a beta of 1.72. The company has a 50-day simple moving average of $1.84 and a 200 day simple moving average of $3.22. HeartCore Enterprises has a 12-month low of $1.15 and a 12-month high of $17.85.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of HeartCore Enterprises in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

HeartCore Enterprises Company Profile

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.