Quanterix Corp expected to post a loss of 44 cents a share - Earnings Preview

Quanterix

02/05/2025 12:46

Quanterix Corp QTRX.OQ QTRX.O is expected to show a fall in quarterly revenue when it reports  results on May 5 (estimated) for the period ending March 31 2025

The Billerica Massachusetts-based  company is expected to report a 12.0% decrease in revenue to $28.203 million from $32.07 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on March 17 2025, for the period ended March 31, was for revenue between $27.26 million and $28.86 million.

‚ÄčLSEG's mean analyst estimate for Quanterix Corp is for a loss of 44 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. ‚Äč

Wall Street's median 12-month price target for Quanterix Corp is $14.50‚Äč, above‚Äč its last closing price of $5.77. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.25
-0.25
-0.30
Missed
-17.6
Sep. 30 2024
-0.25
-0.24
-0.22
Beat
10.2
Jun. 30 2024
-0.24
-0.27
-0.25
Beat
6.3‚Äč
Mar. 31 2024
-0.32
-0.31
-0.26
Beat
17.5
‚Äč‚ÄčDec. 31 2023
-0.29
-0.32
-0.33
Missed
-3.8
Sep. 30 2023
-0.39
-0.37
-0.21
Beat
43.2‚Äč
Jun. 30 2023
-0.35
-0.38
-0.16
Beat
57.6
Mar. 31 2023
-0.38
-0.38
-0.16
Beat
58.2

This summary was machine generated May 2 at 11:46 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)