Quanterix QTRX will release its quarterly earnings report on Tuesday, 2024-11-12. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Quanterix to report an earnings per share (EPS) of $-0.24.
Anticipation surrounds Quanterix's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
Last quarter the company beat EPS by $0.01, which was followed by a 14.82% drop in the share price the next day.
Here's a look at Quanterix's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.26 | -0.31 | -0.32 | -0.37 |
| EPS Actual | -0.25 | -0.26 | -0.33 | -0.21 |
| Price Change % | -15.0% | -5.0% | 13.0% | 2.0% |
Stock Performance
Shares of Quanterix were trading at $15.1 as of November 08. Over the last 52-week period, shares are down 31.99%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Quanterix visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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