Quest Resource’s Q1 Loss Widens to $0.09 vs. $0.03 Estimate
Quest Resource reported a Q1 loss of $0.09 per share, missing the consensus estimate of a $0.03 loss and improving from a $0.14 loss a year ago. Revenues also fell short of analyst forecasts, underscoring persistent headwinds to top-line growth.
1. Q1 EPS Performance
Quest Resource posted a Q1 net loss of $0.09 per share, falling short of the consensus $0.03 loss forecast and narrowing from a $0.14 loss a year ago. The EPS miss reflects elevated operational expenses.
2. Revenue Shortfall
Revenue for the quarter came in below analyst forecasts, though the company did not release specific top-line figures. The shortfall underscores ongoing top-line pressure in its operations.
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