HealthStream (HSTM) Surpasses Q3 Earnings Estimates

Core Insights - HealthStream (HSTM) reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and showing an increase from $0.13 per share a year ago, resulting in an earnings surprise of 58.33% [1] - The company generated revenues of $73.1 million for the quarter ended September 2024, which was below the Zacks Consensus Estimate by 0.59%, but an increase from $70.34 million year-over-year [1] - HealthStream has surpassed consensus EPS estimates in all four of the last quarters, while it has only topped revenue estimates once in the same period [1] Earnings Outlook - The future performance of HealthStream's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [2][3] - Current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $74.55 million, and for the current fiscal year, it is $0.56 on revenues of $292.39 million [4] Industry Context - The Internet - Services industry, to which HealthStream belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5] - TrueCar (TRUE), another company in the same industry, is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year change of +40%, with revenues projected at $45.86 million, up 11.4% from the previous year [5]