Quest Resource (QRHC) Reports Q4 Loss, Misses Revenue Estimates

Company Performance - Quest Resource (QRHC) reported a quarterly loss of $0.46 per share, significantly worse than the Zacks Consensus Estimate of a loss of$0.08, marking an earnings surprise of -475% [1] - The company's revenues for the quarter ended December 2024 were $69.97 million, missing the Zacks Consensus Estimate by 4.83$69.34 million year-over-year [2] - Over the last four quarters, Quest Resource has surpassed consensus EPS estimates only once [2] Stock Movement and Outlook - Quest Resource shares have declined approximately 33.7% since the beginning of the year, compared to a decline of -5.3% for the S&P 500 [3] - The company's earnings outlook is mixed, with current consensus EPS estimates for the upcoming quarter at -$0.04 on revenues of$79.86 million, and for the current fiscal year at -$0.04 on revenues of$322.18 million [7] Industry Context - The Waste Removal Services industry, to which Quest Resource belongs, is currently ranked in the bottom 45% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]