HeartCore Enterprises, Inc. (HTCR) Reports Q3 Loss, Beats Revenue Estimates

Core Insights - HeartCore Enterprises, Inc. (HTCR) reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate of $0.02, and a significant decline from earnings of $0.53 per share a year ago, resulting in an earnings surprise of -500.00% [1] - The company generated revenues of $7.05 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 19.34%, but down from $17.85 million in the same quarter last year [2] - HeartCore Enterprises has underperformed the market, with shares down approximately 66.1% year-to-date, contrasting with the S&P 500's gain of 13.4% [3] Earnings Outlook - The earnings outlook for HeartCore Enterprises is mixed, with the current consensus EPS estimate for the upcoming quarter at -$0.01 on revenues of $4.73 million, and -$0.07 on revenues of $18.97 million for the current fiscal year [7] - The company's Zacks Rank is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software and Services industry, to which HeartCore Enterprises belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]