Waste management firm Quest Resource's Q3 revenue beats estimates

Quest Resource Holding

10/11/2025 21:28

Overview

Quest Resource Q3 revenue down 13% yr/yr but beats analyst expectations

Adjusted EBITDA for Q3 beats consensus, showing operational improvements

Company reduced debt by $4.6 mln in Q3, improving financial stability

Outlook

Quest Resource did not provide specific financial guidance for future periods

Result Drivers

OPERATIONAL EXCELLENCE - Initiatives improved sales team productivity and vendor management, enhancing financial results

DEBT REDUCTION - Reduced debt by $4.6 mln in Q3, contributing to financial stability

NEW CONTRACT - Signed a new contract in the food products end market, driving organic growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$63.30 mln
$59.83 mln (3 Analysts)
Q3 Adjusted EBITDA
Beat
$2.90 mln
$2.35 mln (3 Analysts)
Q3 Gross Margin
18.10%
Q3 Gross Profit
$11.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "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 $3.00, about 51.7% above its November 7 closing price of $1.45

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX7b8v3L

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(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.)