Quanterix Corp expected to post a loss of 31 cents a share - Earnings Preview

Quanterix

04/05/2024 03:07

* Quanterix Corp  QTRX.OQ   QTRX.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Billerica Massachusetts-based  company is expected to
report
a 11.1% increase in revenue to $31.62 million from $28.46
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Quanterix Corp is for a
loss
of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Quanterix
Corp is
$30.00​, above​ its last closing price of $17.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.29       -0.32      -0.33     Missed  -3.8
 Jan. 1 0001   -0.39       -0.37      -0.21     Beat    43.2
 Jan. 1 0001   -0.35       -0.38      -0.16     Beat    57.6​
 Mar. 31 2023  -0.38       -0.38      -0.16     Beat    58.2
 ​​Dec.        -0.48       -0.47      -0.50     Missed  -7
 31 2022                                                
 Sep. 30 2022  -0.43       -0.42      -0.95     Missed  -126.2
                                                        ​
 Jun. 30 2022  -0.48                  -0.67             -38.1
 Jan. 1 0001   -0.61       -0.61      -0.49     Beat    19.4
 This summary was machine generated May 4 at 02:06 GMT.  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)