Waste and recycling firm Quest Resource Q2 revenue misses estimates

Quest Resource Holding

11/08/2025 21:23

Overview

Quest Resource Holding Corp Q2 revenue falls 18.6% yr/yr, missing analyst expectations

Adjusted EPS for Q2 misses estimates, reflecting continued financial pressure

Co generated $3.9 mln in operating cash flow, reduced debt by $6.6 mln YTD

Outlook

Quest Resource focuses on cash generation and process improvement

Company sees macro uncertainties slowing client decision-making

Quest Resource pursues growth by expanding client base and footprint

Result Drivers

OPERATIONAL EXCELLENCE - Initiatives focused on cash generation, profitability, and process improvement contributed to sequential improvements in gross profit and adjusted EBITDA

COMPETITIVE WINS - Secured new client in restaurant industry and expanded geographic footprint with existing retailer client

INDUSTRIAL SOFTNESS - Continued softness in the industrial end market impacted revenue, despite performance-focused actions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$59.50 mln
$72.60 mln (3 Analysts)
Q2 Adjusted EPS
Miss
-$0.04
$0.02 (3 Analysts)
Q2 Adjusted EBITDA
Miss
$2.70 mln
$3.13 mln (3 Analysts)
Q2 Gross Margin
18.5%
Q2 Gross Profit
$11 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Quest Resource Holding Corp is $5.50, about 62.8% above its August 8 closing price of $2.05

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX3G8vXB

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)