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Quest Resource (QRHC) Reports Q1 Loss, Misses Revenue Estimates
QRHCQuest Resource (QRHC) ZACKS·2025-05-12 22:10

Company Performance - Quest Resource reported a quarterly loss of 0.14pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.14 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.05, and compared to a loss of 0.03pershareayearago,indicatingasignificantearningssurpriseof−1800.03 per share a year ago, indicating a significant earnings surprise of -180% [1] - The company posted revenues of 68.43 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 5.63%, and down from 72.65millioninthesamequarterlastyear[2]−Overthelastfourquarters,QuestResourcehasnotsurpassedconsensusEPSorrevenueestimates[2]StockPerformance−QuestResourceshareshavedeclinedapproximately61.772.65 million in the same quarter last year [2] - Over the last four quarters, Quest Resource has not surpassed consensus EPS or revenue estimates [2] Stock Performance - Quest Resource shares have declined approximately 61.7% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The current Zacks Rank for Quest Resource is 5 (Strong Sell), indicating expectations for the stock to underperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.06 on revenues of 75.84million,andforthecurrentfiscalyear,itis75.84 million, and for the current fiscal year, it is 0.21 on revenues of $304.77 million [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which could impact future stock performance [6] Industry Context - The Waste Removal Services industry, to which Quest Resource belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, suggesting a challenging environment for the company [8]