Talkspace (TALK) Set to Announce Earnings on Tuesday

Talkspace (NASDAQ:TALK) will be releasing its earnings data before the market opens on Tuesday, May 7th. Analysts expect Talkspace to post earnings of ($0.02) per share for the quarter. Talkspace has set its FY 2024 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Talkspace (NASDAQ:TALK) last posted its quarterly earnings data on Thursday, February 22nd. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. Talkspace had a negative net margin of 12.78% and a negative return on equity of 16.06%. The firm had revenue of $42.42 million during the quarter, compared to analyst estimates of $38.30 million. During the same quarter last year, the business posted ($0.08) EPS. On average, analysts expect Talkspace to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Talkspace Stock Up 1.3 %

Shares of NASDAQ:TALK opened at $3.17 on Monday. The company’s fifty day moving average is $3.26 and its two-hundred day moving average is $2.57. The company has a market cap of $537.76 million, a P/E ratio of -26.42 and a beta of 1.29. Talkspace has a 12-month low of $0.74 and a 12-month high of $3.92.

Analyst Ratings Changes

Several brokerages recently issued reports on TALK. Barclays increased their price objective on Talkspace from $2.50 to $3.00 and gave the stock an “equal weight” rating in a research note on Friday, February 23rd. TheStreet raised Talkspace from a “d” rating to a “c-” rating in a research note on Thursday, February 22nd.

Talkspace Company Profile

Talkspace, Inc operates as a virtual behavioral healthcare company in the United States. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans and employee assistance programs. It provides text, audio, and video-based psychotherapy from licensed therapists.