Quantum Computing Inc. (QUBT) May Report Negative Earnings: Know the Trend Ahead of Q3 Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Quantum Computing Inc. (QUBT) despite flat revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.05 per share, reflecting a year-over-year change of +16.7%, with revenues projected at $0.1 million, unchanged from the previous year [3]. - The consensus EPS estimate has been revised 16.67% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that recent analyst revisions may provide more accurate insights [8]. - Quantum Computing Inc. has an Earnings ESP of 0%, indicating no recent differing analyst views from the consensus estimate, and currently holds a Zacks Rank of 3 [12]. Historical Performance - In the last reported quarter, Quantum Computing Inc. was expected to post a loss of $0.06 per share and delivered exactly that, resulting in no surprise [14]. - The company has not beaten consensus EPS estimates in any of the last four quarters [15]. Conclusion - Quantum Computing Inc. does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when evaluating the stock ahead of its earnings release [18].