Quotient Technology Inc expected to post a loss of 8 cents a share - Earnings Preview

Quotient Technology

05/08/2023 03:04

* Quotient Technology Inc  QUOT.N   QUOT.K  is expected
to show a
fall in quarterly revenue when it reports  results on August 8. 
    * The Salt Lake City Utah-based  company is expected to
report  a
0.1% decrease in revenue to $69.171 million from $69.25 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on May 9 2023,
for the period ended June 30, was for revenue between $67.00
million and $72.00 million.
    * ​Refinitiv's mean analyst estimate for Quotient Technology
Inc
is for a loss of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 Quotient
Technology Inc is $4​, above​ its last closing price of $3.96.
​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD67 million and USD6 million.
This summary was machine generated August 5 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated