Quarterhill Future Growth

Future criteria checks 3/6

Quarterhill is forecast to grow earnings and revenue by 141.4% and 4.6% per annum respectively while EPS is expected to grow by 138.8% per annum.

Key information

141.4%

Earnings growth rate

138.8%

EPS growth rate

Communications earnings growth	50.8%
Revenue growth rate	4.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	18 Mar 2024

Recent future growth updates

Recent updates

Is Quarterhill (TSE:QTRH) A Risky Investment?

Mar 13

Quarterhill Inc.'s (TSE:QTRH) Shares May Have Run Too Fast Too Soon

Dec 16

Quarterhill's (TSE:QTRH) Returns On Capital Tell Us There Is Reason To Feel Uneasy

May 09

Analysts Are Betting On Quarterhill Inc. (TSE:QTRH) With A Big Upgrade This Week

May 13

Quarterhill's (TSE:QTRH) Dividend Will Be CA$0.013

Mar 14

Earnings and Revenue Growth Forecasts

TSX:QTRH - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	213	6	18	22	3
12/31/2024	191	-3	9	13	3
12/31/2023	194	-44	-35	-28	N/A
9/30/2023	322	10	-38	-29	N/A
6/30/2023	319	7	-64	-54	N/A
3/31/2023	306	0	28	39	N/A
12/31/2022	159	-54	31	40	N/A
9/30/2022	170	-45	32	43	N/A
6/30/2022	165	-42	51	59	N/A
3/31/2022	144	-28	-24	-17	N/A
12/31/2021	126	-22	-20	-13	N/A
9/30/2021	93	-23	13	15	N/A
6/30/2021	144	4	27	29	N/A
3/31/2021	142	5	18	20	N/A
12/31/2020	145	4	33	35	N/A
9/30/2020	175	23	2	3	N/A
6/30/2020	109	6	-19	-16	N/A
3/31/2020	145	5	33	37	N/A
12/31/2019	173	11	9	12	N/A
9/30/2019	158	-24	23	26	N/A
6/30/2019	162	-43	29	30	N/A
3/31/2019	137	-49	-20	-19	N/A
12/31/2018	106	-67	-13	-12	N/A
9/30/2018	96	-54	39	40	N/A
6/30/2018	185	-8	64	65	N/A
3/31/2018	179	7	70	71	N/A
12/31/2017	169	13	87	88	N/A
9/30/2017	178	39	N/A	35	N/A
6/30/2017	95	7	N/A	33	N/A
3/31/2017	93	-1	N/A	40	N/A
12/31/2016	125	15	N/A	49	N/A
9/30/2016	116	7	N/A	52	N/A
6/30/2016	121	7	N/A	74	N/A
3/31/2016	146	26	N/A	73	N/A
12/31/2015	143	14	N/A	60	N/A
9/30/2015	133	10	N/A	63	N/A
6/30/2015	127	8	N/A	44	N/A
3/31/2015	117	1	N/A	50	N/A
12/31/2014	114	11	N/A	68	N/A
9/30/2014	118	13	N/A	52	N/A
6/30/2014	108	6	N/A	27	N/A
3/31/2014	106	-8	N/A	19	N/A
12/31/2013	94	-19	N/A	-10	N/A
9/30/2013	83	-23	N/A	6	N/A
6/30/2013	85	-15	N/A	25	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QTRH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: QTRH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: QTRH is expected to become profitable in the next 3 years.

Revenue vs Market: QTRH's revenue (4.6% per year) is forecast to grow slower than the Canadian market (6.6% per year).

High Growth Revenue: QTRH's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if QTRH's Return on Equity is forecast to be high in 3 years time

Quarterhill Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%

Price target decreased by 12% to CA$1.72

Consensus EPS estimates fall by 10%, revenue upgraded

Consensus revenue estimates decrease by 12%

Price target decreased by 7.7% to CA$2.24

Consensus EPS estimates upgraded to CA$0.11 loss, revenue downgraded

Recent updates

Quarterhill Inc. to Report Q1, 2024 Results on May 13, 2024

Quarterhill Inc. (TSX:QTRH) completed the acquisition of Red Fox I.D. Limited.

Key Executive recently bought CA$78k worth of stock

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Quarterhill Inc. (TSX:QTRH) entered into a definitive agreement to acquire Red Fox I.D. Limited for $10.2 million.

Is Quarterhill (TSE:QTRH) A Risky Investment?

Now 22% overvalued after recent price rise

Quarterhill Inc., Annual General Meeting, May 13, 2024

Now 21% overvalued after recent price rise

Quarterhill Inc.'s (TSE:QTRH) Shares May Have Run Too Fast Too Soon

Key Executive recently bought CA$444k worth of stock

Consensus EPS estimates fall by 10%

New minor risk - Shareholder dilution

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Quarterhill Inc. to Report Q3, 2023 Results on Nov 08, 2023

Price target decreased by 12% to CA$1.72

Key Executive recently bought CA$205k worth of stock

Key Executive recently bought CA$300k worth of stock

Quarterhill Inc. Appoints Chuck Myers as Chief Executive Officer

High number of new directors

Consensus EPS estimates fall by 10%, revenue upgraded

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Quarterhill Inc. to Report Q2, 2023 Results on Aug 09, 2023

Consensus revenue estimates decrease by 12%

Price target decreased by 7.7% to CA$2.24

Owlpoint IP Opportunities JVF LP and Quarterhill Inc. (TSX:QTRH) acquired Wi-LAN Inc. from Quarterhill Inc. (TSX:QTRH) for approximately CAD 71.4 million.

Quarterhill Inc. Announces CFO Changes

Consensus EPS estimates upgraded to CA$0.11 loss, revenue downgraded

Price target decreased by 8.9% to CA$2.49

Quarterhill Inc. Appoints Charles Myers to Its Board

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Quarterhill's (TSE:QTRH) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Consensus EPS estimates upgraded to CA$0.15 loss

Consensus revenue estimates fall by 10%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 19%

Returns On Capital At Quarterhill (TSE:QTRH) Paint A Concerning Picture

Upcoming dividend of CA$0.013 per share

Consensus EPS estimates fall by 24%

High number of new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Quarterhill Inc. Declares Quarterly Dividend, Payable on January 9, 2023

Quarterhill Inc. to Report Q3, 2022 Results on Nov 10, 2022

Independent Director recently bought CA$133k worth of stock

Quarterhill (TSE:QTRH) Has Announced A Dividend Of CA$0.0125

Upcoming dividend of CA$0.013 per share

Returns On Capital Are Showing Encouraging Signs At Quarterhill (TSE:QTRH)

Quarterhill (TSE:QTRH) Has Affirmed Its Dividend Of CA$0.0125

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Quarterhill Inc. Appoints Kim Stevenson to the Board

Quarterhill Inc. to Report Q2, 2022 Results on Aug 11, 2022

Quarterhill (TSE:QTRH) Seems To Use Debt Rather Sparingly

Quarterhill (TSE:QTRH) Is Due To Pay A Dividend Of CA$0.013

Upcoming dividend of CA$0.013 per share

High number of new directors

Quarterhill (TSE:QTRH) Has Announced A Dividend Of CA$0.013

Quarterhill Inc. Replaces Steve Thompson with John Karnes as Chief Financial Officer of the Company Effective June 6, 2022

Independent Director recently bought CA$54k worth of stock

Quarterhill Inc. Replaces Steve Thompson with John Karnes as Chief Financial Officer of the Company Effective June 6, 2022

Senior VP exercised options and sold CA$57k worth of stock

Quarterhill's (TSE:QTRH) Promising Earnings May Rest On Soft Foundations

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Analysts Are Betting On Quarterhill Inc. (TSE:QTRH) With A Big Upgrade This Week

Quarterhill Inc. Appoints Kim Stevenson to its Board of Directors

High number of new directors

Quarterhill Inc. Appoints Pamela Steer to the Board of Directors

Consensus revenue estimates increase by 21%

Quarterhill's (TSE:QTRH) Dividend Will Be CA$0.013

Quarterhill Inc. Announces the Appointment of Rusty Lewis to Board of Directors