Helius Medical Tech HSDT is set to give its latest quarterly earnings report on Monday, 2022-03-14. Here's what investors need to know before the announcement.
Analysts estimate that Helius Medical Tech will report an earnings per share (EPS) of $-1.16.
Helius Medical Tech bulls will hope to hear the company to 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).
Historical Earnings Performance
Last quarter the company missed EPS by $0.26, which was followed by a 4.45% drop in the share price the next day.
Here's a look at Helius Medical Tech's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -1.75 | -1.53 | ||
| EPS Actual | -2.01 | -2.58 | -1.65 | -1.77 |
| Price Change % | -4.45% | -6.06% | -3.09% | 11.41% |
Stock Performance
Shares of Helius Medical Tech were trading at $3.2 as of March 09. Over the last 52-week period, shares are down 77.84%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.
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