Quantum Corp expected to post a loss of $1.10 a share - Earnings Preview

Reuters
2024-11-01

* Quantum Corp is expected to report resultson November 2 (estimated) for the period ending September 30 2024

* The San Jose California-based company is expected to report revenue of $72.7 million, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on August 13 2024, for the period ended September 30, was for revenue between $71.00 million and $75.00 million.

* ​LSEG's mean analyst estimate for Quantum Corp is for a loss of $1.10 per share. The company's EPS guidance on August 13 2024, for the period ended September 30, was between $-1.60 and $-0.80

* 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 Quantum Corp is $7.50​, above​ its last closing price of $4.31. ​​​

The company's guidance on August 13 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD0. This summary was machine generated November 1 at 03:54 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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