Quest Resource (QRHC) Reports Q3 Loss, Lags Revenue Estimates
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Quest Resource (QRHC) reported a Q3 loss of $0.16 per share, missing the Zacks Consensus Estimate of a $0.02 loss. This is a larger loss compared to the $0.10 per share loss from the previous year.
November 07, 2024 | 11:30 pm
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Quest Resource reported a larger than expected Q3 loss of $0.16 per share, missing the Zacks Consensus Estimate of a $0.02 loss. This indicates a worsening financial performance compared to the previous year.
The reported loss per share of $0.16 is significantly worse than the expected $0.02 loss, indicating a negative financial performance. This is likely to impact investor sentiment negatively, leading to a potential short-term decline in stock price.
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