D-Wave Quantum Inc QBTS.N, QBTS.K is expected to show a fall in quarterly revenue when it reports results on November 14 for the period ending September 30 2024
The Burnaby British Columbia-based company is expected to report a 1.1% decrease in revenue to $2.534 million from $2.56 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for D-Wave Quantum Inc is for a loss of 8 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for D-Wave Quantum Inc is $2.13, above its last closing price of $1.63.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | -0.09 | -0.09 | -0.09 | Met | -1.4 |
Mar. 31 0001 | -0.09 | -0.09 | -0.12 | Missed | -28.6 |
Dec. 31 2023 | -0.11 | -0.10 | -0.10 | Met | 3.2 |
Sep. 30 2023 | -0.15 | -0.14 | -0.11 | Beat | 24.1 |
Jun. 30 2023 | -0.14 | -0.14 | -0.20 | Missed | -42.9 |
Mar. 31 2023 | -0.13 | -0.12 | -0.20 | Missed | -66.7 |
Dec. 31 2022 | -0.13 | -0.16 | Missed | -20 | |
Jan. 1 0001 | -0.13 | -0.12 | -0.11 | Beat | 12 |
This summary was machine generated November 12 at 13:53 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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