Quanterix Corp expected to post a loss of 42 cents a share - Earnings Preview

Quanterix

01/11/2022 02:03

* Quanterix Corp  QTRX.OQ   QTRX.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 2
(estimated). 
    * The Billerica Massachusetts-based  company is expected to
report
 a 13.2% decrease in revenue to $24.026 million from $27.69
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Quanterix Corp is
for a
loss of 42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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
$13.5​, above​ its last closing price of $11.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.48       -0.48      -0.67     Missed  -38.1
 Mar. 31 2022  -0.61       -0.61      -0.49     Beat    19.4
 Dec. 31 2021  -0.65       -0.66      -0.55     Beat    16.5​
 Sep. 30 2021  -0.37       -0.36      -0.43     Missed  -20.6
 ​​Jun.        -0.34       -0.33      -0.33     Met     0.5
 30 2021                                                
 Mar. 31 2021  -0.33       -0.33      -0.29     Beat    12.7​
 Dec. 31 2020  -0.35       -0.33      -0.31     Beat    6.3
 Sep. 30 2020  -0.42       -0.42      0.07      Beat    116.8
 This summary was machine generated November 1 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated