HealthStream Inc reports results for the quarter ended in March - Earnings Summary

• HealthStream Inc HSTM reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of six analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 10 cents to 12 cents per share.

• Revenue rose 5.5% to $72.76 million from a year ago; analysts expected $71.88 million.

• HealthStream Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $5.23 million.

• HealthStream Inc shares had fallen by 6.8% this quarter and lost 8.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for HealthStream Inc is $32.00

This summary was machine generated from LSEG data April 22 at 09:46 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)