$0.11 EPS Expected for Quantum Corporation (QTM)

January 23, 2018 - By Ellis Scott

 $0.11 EPS Expected for Quantum Corporation (QTM)

Analysts expect Quantum Corporation (NYSE:QTM) to report $0.11 EPS on January, 24.They anticipate $0.05 EPS change or 31.25 % from last quarter’s $0.16 EPS. QTM’s profit would be $3.81 million giving it 14.39 P/E if the $0.11 EPS is correct. After having $-0.19 EPS previously, Quantum Corporation’s analysts see -157.89 % EPS growth. The stock decreased 1.09% or $0.07 during the last trading session, reaching $6.33. About 394,650 shares traded. Quantum Corporation (NYSE:QTM) has risen 151.14% since January 23, 2017 and is uptrending. It has outperformed by 134.44% the S&P500.

Quantum Corporation (NYSE:QTM) Ratings Coverage

Among 3 analysts covering Quantum (NYSE:QTM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Quantum had 4 analyst reports since August 25, 2015 according to SRatingsIntel. Roth Capital initiated the shares of QTM in report on Tuesday, August 25 with “Buy” rating. The stock of Quantum Corporation (NYSE:QTM) earned “Buy” rating by Roth Capital on Tuesday, June 27. TH Capital initiated the shares of QTM in report on Tuesday, August 25 with “Buy” rating.

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company has market cap of $219.49 million. The firm offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information. It currently has negative earnings. It also offers StorNext Storage Manager software; and StorNext AEL archives products, which provide near-line archiving with built-in data protection and self-healing capabilities.

More important recent Quantum Corporation (NYSE:QTM) news were published by: Prnewswire.com which released: “Quantum Announces Fiscal Third Quarter 2018 Results Conference Call” on January 16, 2018, also Seekingalpha.com published article titled: “Quantum Corp’s (QTM) CEO Raghu Rao on Q2 2018 Results – Earnings Call Transcript”, Prnewswire.com published: “Quantum Corporation Reports Fiscal Second Quarter 2018 Results” on November 09, 2017. More interesting news about Quantum Corporation (NYSE:QTM) was released by: Prnewswire.com and their article: “Quantum Corporation Names Patrick Dennis as CEO” with publication date: January 16, 2018.

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