Quantum Corp expected to post breakeven results a share - Earnings Preview

Quantum

31/01/2023 21:38

* Quantum Corp  QMCO.OQ   QMCO.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 2. 
    * The San Jose California-based  company is expected to
report  a
10.1% increase in revenue to $104.992 million from $95.34
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
January 10 2023, for the period ended December 31, was for
revenue of $110.000 million.
    * ​Refinitiv's mean analyst estimate for Quantum Corp is for
breakeven results per share. The company's EPS guidance on
November 2 2022, for the period ended December 31, was between
$-0.02 and $0.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 Quantum
Corp is
$3.5​, above​ its last closing price of $1.81. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD3.5 million.
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  -0.03       -0.02      -0.01     Beat    55.6
 Jun. 30 2022  -0.04       -0.04      -0.04     Met     -6.7
 Mar. 31 2022  -0.07       -0.07      -0.05     Beat    25.9​
 Dec. 31 2021  0.01        0.01       -0.07     Missed  -1,033
                                                        .3
 ​​Sep.        -0.04       -0.04      0.00      Beat    100
 30 2021                                                
 Jun. 30 2021  -0.01       -0.01      0.00      Beat    126.7​
 Mar. 31 2021  0.00        0.01       0.03      Beat    200
 Dec. 31 2020  -0.02       -0.02      0.00      Beat    100
 This summary was machine generated January 31 at 21:38 GMT.  All
figures in US dollars  unless otherwise stated