Quest Resource Holding Corp reports results for the quarter ended in June - Earnings Summary

Quest Resource Holding

08/08/2024 22:21

* Quest Resource Holding Corp  QRHC.OQ  reported a quarterly
adjusted loss of 7 cents​​ per share for the quarter ended in
June, lower than the same quarter last year, when the company
reported EPS of -4 cents.  The mean expectation of two analysts
for the quarter was for a loss of one cent per share. 
    * Revenue fell 1.8% to $73.15 million from a year ago;
analysts
expected $76.70 million. 
    * Quest Resource Holding Corp's reported EPS for the quarter
was a
loss of 7 cents​.
    * The company reported a quarterly loss of $1.51 million.
    * Quest Resource Holding Corp shares had fallen by 8.2% this
quarter and gained 10.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 128.6% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Quest Resource
Holding Corp is $14.00 
This summary was machine generated from LSEG data August 8 at
09:21 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.01          -0.07          Missed
 Mar. 31 2024      0.00           -0.03          Missed
 Dec. 31 2023      -0.03          -0.11          Missed
 Sep. 30 2023      0.00           -0.10          Missed