PureCycle Technologies, Inc. (PCT) reported a quarterly loss of $0.44 per share, missing the Zacks Consensus Estimate of a loss of $0.25. Revenues were $2.43 million, below expectations by 50.06%. The stock has underperformed, but future performance will depend on earnings outlook and industry trends. PureCycle Technologies shares have gained 0.7% this year.

The company has consistently fallen short of consensus EPS estimates over the last four quarters. Despite the recent disappointing results, the future stock performance will hinge on management’s commentary on the earnings call. The current Zacks Rank for PureCycle Technologies is #3 (Hold), indicating performance in line with the market in the near future.

Quest Resource (QRHC) is another stock in the Waste Removal Services industry set to release quarterly results soon. The company is expected to report earnings of $0.01 per share, which is a 106.3% increase year-over-year. Revenues are expected to be $59.29 million, down 18.5% from the previous year. Investors should monitor both PureCycle Technologies and Quest Resource for potential investment opportunities.

Read more at Nasdaq: PureCycle Technologies, Inc. (PCT) Reports Q3 Loss, Lags Revenue Estimates