Quipt Home Medical QIPT is preparing to release its quarterly earnings on Monday, 2024-12-16. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Quipt Home Medical to report an earnings per share (EPS) of $-0.02.
The announcement from Quipt Home Medical 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
During the last quarter, the company reported an EPS missed by $0.03, leading to a 17.96% drop in the share price on the subsequent day.
Here's a look at Quipt Home Medical's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | 0.01 | 0 | 0 |
| EPS Actual | -0.04 | -0.03 | -0.01 | -0.03 |
| Price Change % | -18.0% | -14.000000000000002% | -8.0% | 2.0% |
Market Performance of Quipt Home Medical's Stock
Shares of Quipt Home Medical were trading at $2.75 as of December 12. Over the last 52-week period, shares are down 40.48%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Quipt Home Medical 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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