Exploring Qualys's Earnings Expectations

Qualys (NASDAQ:QLYS) is preparing to release its quarterly earnings on Tuesday, 2024-11-05. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Qualys to report an earnings per share (EPS) of $1.33.

Investors in Qualys are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

Last quarter the company beat EPS by $0.20, which was followed by a 8.58% drop in the share price the next day.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.32

1.30

1.24

1.13

EPS Actual

1.52

1.45

1.40

1.51

Price Change %

-9.0%

-10.0%

-4.0%

11.0%

Market Performance of Qualys's Stock

Shares of Qualys were trading at $120.34 as of November 01. Over the last 52-week period, shares are down 29.81%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analyst Insights on Qualys

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Qualys.

Analysts have given Qualys a total of 12 ratings, with the consensus rating being Neutral. The average ...