What to Expect from Quantum's Earnings

Quantum QMCO is set to give its latest quarterly earnings report on Wednesday, 2024-11-13. Here's what investors need to know before the announcement.

Analysts estimate that Quantum will report an earnings per share (EPS) of $-1.10.

The announcement from Quantum is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.00, leading to a 6.44% drop in the share price the following trading session.

Here's a look at Quantum's past performance and the resulting price change:

Stock Performance

Shares of Quantum were trading at $4.66 as of November 11. Over the last 52-week period, shares are down 47.88%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Quantum visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.