HeartCore Enterprises (HTCR) to Release Earnings on Thursday

HeartCore Enterprises (NASDAQ:HTCR) is expected to be releasing its results before the market opens on Thursday, November 13th. Analysts expect HeartCore Enterprises to post earnings of $0.02 per share for the quarter.

HeartCore Enterprises (NASDAQ:HTCR) last announced its quarterly earnings results on Wednesday, August 13th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.12. HeartCore Enterprises had a negative net margin of 0.62% and a positive return on equity of 141.93%. The company had revenue of $4.70 million during the quarter, compared to analyst estimates of $5.27 million. On average, analysts expect HeartCore Enterprises to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

HeartCore Enterprises Price Performance

Shares of HTCR stock opened at $0.84 on Thursday. HeartCore Enterprises has a 12-month low of $0.39 and a 12-month high of $3.38. The firm has a market capitalization of $19.57 million, a price-to-earnings ratio of -83.87 and a beta of 1.91. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.52. The firm has a fifty day moving average of $0.88 and a 200-day moving average of $0.67.

HeartCore Enterprises Announces Dividend

The company also recently declared a special dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 10th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Monday, November 10th.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HTCR. Zacks Research lowered shares of HeartCore Enterprises from a “strong-buy” rating to a “hold” rating in a report on Monday, October 20th. Wall Street Zen raised shares of HeartCore Enterprises to a “hold” rating in a research report on Saturday, October 25th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of HeartCore Enterprises in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

About HeartCore Enterprises

HeartCore Enterprises, Inc, a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement.