After-Hours Earnings Report for November 14, 2025 : QUBT, HIVE, VENU, NXXT, MDV, DFLI, FORA, BEEM, TOMZ, BNZI

On November 14, 2025, a diverse group of companies, including Quantum Computing (QUBT), HIVE Digital Technologies (HIVE), and Modiv Industrial (MDV), are scheduled to report their third-quarter 2025 earnings after hours. Analyst consensus forecasts indicate that many of these firms are expected to post negative earnings per share, with some projecting reduced year-over-year losses, while Modiv Industrial anticipates a positive EPS of $0.34. The P/E ratios for several companies, such as Forian (FORA) and Beam Global (BEEM), are notably negative compared to industry averages, reflecting ongoing challenges or early growth stages.

Analysis

A significant number of companies reporting Q3 2025 earnings, including Quantum Computing (QUBT), HIVE Digital Technologies (HIVE), and Forian (FORA), are forecasted to post negative earnings per share (EPS). While some, like QUBT (16.67% increase in EPS forecast) and HIVE (83.33% increase), project reduced year-over-year losses, others like FORA anticipate a substantial 300.00% decrease in EPS compared to the prior year. This widespread unprofitability suggests ongoing operational challenges across various sectors.

Modiv Industrial (MDV) stands out with a positive EPS forecast of $0.34 and a favorable 2025 P/E ratio of 10.50 against an industry average of 14.20, indicating relative strength. In contrast, many firms exhibit deeply negative P/E ratios, such as HIVE's -61.00 versus an industry 10.00, and FORA's -21.50 versus an industry 20.30, highlighting significant valuation concerns or early-stage development. Historical performance reveals issues, with HIVE missing Q1 2025 consensus by -181.82% and BNZI missing by -192.5% in its latest report.

Forian (FORA) presents elevated risk, not only with its significant EPS decrease but also a 272.07% increase in days to cover short interest, indicating growing bearish sentiment and potential for volatility. The overall negative sentiment across multiple reporting entities, coupled with a general market impact score of 0.2, suggests a cautious outlook for this cohort of companies. The prevalence of negative EPS and P/E ratios points to a challenging environment for these smaller-cap or growth-stage firms.

Key Decisions for Investors

• Investors should exercise caution with companies forecasting negative EPS and deeply negative P/E ratios, particularly those with a history of significant earnings misses like HIVE and BNZI.
• Consider Modiv Industrial (MDV) as a potential outlier given its positive EPS forecast and relatively attractive P/E ratio compared to its industry peers.
• Monitor Forian (FORA) closely due to its substantial EPS decrease and rising short interest, which could signal further downside risk or potential for short-term volatility around earnings.