electroCore, Inc. reports results for the quarter ended June 30 - Earnings Summary

• electroCore, Inc. ECOR.OQ reported a quarterly adjusted loss of 44 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -38 cents. The mean expectation of three analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -33 cents to -26 cents per share.

• Revenue rose 20.2% to $7.38 million from a year ago; analysts expected $7.22 million.

• electroCore, Inc.'s reported EPS for the quarter was a loss of 44 cents​.

• The company reported a quarterly loss of $3.67 million.

• electroCore, Inc. shares had risen by 29.9% this quarter and lost 57.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for electroCore, Inc. is $22.40, about 69.1% above its last closing price of $6.93

This summary was machine generated from LSEG data August 6 at 10:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)