Quest Resource (QRHC) Scheduled to Post Quarterly Earnings on Tuesday

Quest Resource (NASDAQ:QRHC) is scheduled to announce its earnings results after the market closes on Tuesday, November 13th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

Quest Resource (NASDAQ:QRHC) last issued its earnings results on Tuesday, August 14th. The business services provider reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.02. The company had revenue of $27.93 million during the quarter, compared to analyst estimates of $27.13 million. Quest Resource had a negative return on equity of 7.29% and a negative net margin of 4.21%. On average, analysts expect Quest Resource to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ QRHC opened at $2.42 on Thursday. The stock has a market cap of $36.45 million, a price-to-earnings ratio of -6.37 and a beta of 2.59. Quest Resource has a fifty-two week low of $1.11 and a fifty-two week high of $3.10. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.08.

Separately, HC Wainwright reduced their price objective on Quest Resource from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Tuesday, August 21st.

In other Quest Resource news, Director Mitchell A. Saltz sold 28,500 shares of Quest Resource stock in a transaction dated Thursday, October 4th. The stock was sold at an average price of $2.71, for a total transaction of $77,235.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mitchell A. Saltz sold 20,000 shares of Quest Resource stock in a transaction dated Friday, September 21st. The shares were sold at an average price of $2.58, for a total value of $51,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 75,000 shares of company stock valued at $196,940 in the last quarter. Company insiders own 48.06% of the company’s stock.

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Quest Resource Company Profile

Quest Resource Holding Corporation, through its subsidiaries, provides solutions for the reuse, recycle, and dispose various waste streams and recyclables in the United States. The company offers recycling and waste management services for motor oil, oil filters, scrap tires, grease and cooking oil, food waste, and expired food products; and various other materials, such as glass, cardboard, paper, and metal, as well as hazardous materials, plastics, construction debris, batteries, mercury, lights, regulated waste, electronic devices, and industrial cleaning products.

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Earnings History for Quest Resource (NASDAQ:QRHC)

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