Quanterix Corp expected to post a loss of 47 cents a share - Earnings Preview

Quanterix

03/03/2023 15:17

* Quanterix Corp  QTRX.OQ   QTRX.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 6. 
    * The Billerica Massachusetts-based  company is expected to
report
 a 14.9% decrease in revenue to $25.783 million from $30.29
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
November 8 2022, for the period ended December 31, was for
revenue between $24.00 million and $26.00 million.
    * ​Refinitiv's mean analyst estimate for Quanterix Corp is
for a
loss of 47 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
$14​, above​ its last closing price of $11.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.43       -0.42      -0.95     Missed  -126.2
 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.        -0.37       -0.36      -0.43     Missed  -20.6
 30 2021                                                
 Jun. 30 2021  -0.34       -0.33      -0.33     Met     0.5​
 Mar. 31 2021  -0.33       -0.33      -0.29     Beat    12.7
 Dec. 31 2020  -0.35       -0.33      -0.31     Beat    6.3
 This summary was machine generated March 3 at 15:17 GMT.  All
figures in US dollars  unless otherwise stated