A Preview Of Quanterix's Earnings

Quanterix (NASDAQ:QTRX) is set to give its latest quarterly earnings report on Monday, 2023-11-06. Here's what investors need to know before the announcement.

Analysts estimate that Quanterix will report an earnings per share (EPS) of $-0.36.

Quanterix bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.22, which was followed by a 16.89% increase in the share price the next day.

Here's a look at Quanterix's past performance and the resulting price change:

QuarterQ2 2023Q1 2023Q4 2022Q3 2022EPS EstimateEPS ActualPrice Change %
-0.38 -0.38 -0.47 -0.42 -0.16 -0.16 -0.50 -0.38 16.89% 0.63% -5.52% 1.29%

Stock Performance

Shares of Quanterix were trading at $22.29 as of November 02. Over the last 52-week period, shares are up 136.58%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Quanterix visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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