Q3 EPS Estimates for Versus Systems Cut by HC Wainwright

Versus Systems Inc. (NASDAQ:VS) – HC Wainwright lowered their Q3 2024 EPS estimates for Versus Systems in a research note issued on Tuesday, October 22nd. HC Wainwright analyst S. Buck now forecasts that the company will post earnings per share of ($0.49) for the quarter, down from their previous estimate of ($0.45). HC Wainwright currently has a “Neutral” rating and a $3.00 price target on the stock. The consensus estimate for Versus Systems’ current full-year earnings is ($2.13) per share. HC Wainwright also issued estimates for Versus Systems’ FY2024 earnings at ($2.17) EPS.

Versus Systems Stock Down 8.0 %

NASDAQ VS opened at $2.43 on Thursday. The company has a 50 day moving average of $1.57 and a 200-day moving average of $1.52. Versus Systems has a 1-year low of $1.00 and a 1-year high of $9.59.

Versus Systems (NASDAQ:VS) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.50) by ($0.04). The firm had revenue of $0.03 million for the quarter, compared to analyst estimates of $0.05 million. Versus Systems had a negative return on equity of 255.40% and a negative net margin of 8,703.52%.

Versus Systems Company Profile

Versus Systems Inc develops and operates a business-to-business software platform in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam (FFC) platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, which allows brands, media companies, and advertising agencies to reach out to customers directly on their mobile devices.