Will D-Wave Quantum Inc. (QBTS) Report Negative Earnings Next Week? What You Should Know

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for D-Wave Quantum Inc. despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.09 per share, reflecting a 10$2.24 million, down 23% from the previous year [3]. - The earnings report is scheduled for release on March 13, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for D-Wave Quantum is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -22.22%, suggesting a bearish sentiment among analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [8]. - D-Wave Quantum currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, D-Wave Quantum was expected to post a loss of $0.10 per share but actually reported a loss of$0.11, resulting in a surprise of -10% [12]. - The company has not beaten consensus EPS estimates in any of the last four quarters [13]. Conclusion - While the potential for an earnings beat exists, D-Wave Quantum does not appear to be a compelling candidate for such an outcome, and investors should consider other factors before making decisions [16].