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

Quest Resource Holding

09/05/2024 22:53

* Quest Resource Holding Corp  QRHC.OQ  reported a quarterly
adjusted loss of 3 cents​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of -10 cents.  The mean expectation of two analysts
for the quarter was for breakeven results per share. Wall Street
expected results to range from -6 cents to 6 cents per share.
    * Revenue fell 2% to $72.65 million from a year ago;
analysts
expected $72.60 million. 
    * Quest Resource Holding Corp's reported EPS for the quarter
was a
loss of 3 cents​.
    * The company reported a quarterly loss of $655 thousand.
    * Quest Resource Holding Corp shares had risen by 19.5% this
quarter and gained 39.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 100%
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 $11.50 
This summary was machine generated from LSEG data May 9 at 09:52
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
 Mar. 31 2024      0.00           -0.03          Missed
 Dec. 31 2023      -0.03          -0.11          Missed
 Sep. 30 2023      0.00           -0.10          Missed
 Jun. 30 2023      -0.03          -0.04          Missed