In classical physics the evolution of each measurable quantity $x$ is described by a function $x(t)$ whose value is the same as the result you would get by measuring $x$.
I'm going to discuss quantum theory in the Heisenberg picture rather than the Schrodinger picture because the Heisenberg picture describes the evolution of physical quantities and individual systems more clearly than does the Schrodinger picture. I should also note that the account I will give here supposes that the equations of motion of quantum theory are an accurate description of how the world actually works and aren't modified by collapse or extra particles as in pilot wave theory. Collapse and extra particle assumptions contradict the equations of motion of quantum theory so I won't include them.
In quantum physics the evolution of a physical quantity $y$ is described by an observable $\hat{Y}(t)$ whose value is a Hermitian operator where the possible results of a measurement of $y$ are the eigenvalues of $\hat{Y}(t)$. Most observables have more than one eigenvalue and more than one possible measurement result. The evolution of $\hat{Y}(t)$ describes a process involving all of the possible values of $\hat{Y}(t)$. To make predictions one needs another Hermitian operator $\rho$ called the state which is a record of what measurements happened in the past and what outcomes you saw. The expectation value of measurements of $\hat{Y}(t)$ in the state $\rho$ is
$$\langle\hat{Y}(t)\rangle=tr(\rho\hat{Y}(t))$$
Suitable experiments such as single particle interference experiments can involve manipulating the projectors of $\hat{Y}(t)$ corresponding to each of the possible values in such a way that the expectation values depend on what happened to each of the possible values. For an example, see section 2 of this paper:
https://arxiv.org/abs/math/9911150
Note that the value of $\hat{Y}(t)$ at a given time is a matrix and the possible measurement results are the eigenvalues so the value of $\hat{Y}(t)$ is not the same as any of the possible measurement results, they aren't even the same kind of mathematical object.
A hidden variable would be a quantity $y(t)$ whose value at any given time time was the same as the outcome of measuring $y$. For something like the spin of an electron $y(t)$ would be either $+\tfrac{\hbar}{2}$ or $-\tfrac{\hbar}{2}$. The corresponding quantum observable would be $+\tfrac{\hbar}{2}$ times a matrix from a set of matrices satisfying the Pauli algebra, such as
$$\frac{\hbar}{2}\begin{bmatrix} 1 & 0\\ 0 & -1
\end{bmatrix}$$
Unsurprisingly if you try to represent a quantity that is described by a Hermitian matrix by a single number instead the resulting theories contradict one another:
https://arxiv.org/abs/quant-ph/9906007
https://arxiv.org/abs/1109.6223
After you have done a measurement you only see a single outcome but that isn't because the outcome is described by a hidden variable. Rather, it is because interactions that produce copyable records of a measured quantity suppress interference, this is called decoherence:
https://arxiv.org/abs/quant-ph/0306072
This suppression of interference causes the different versions of the measurement device after the measurement to evolve independently of one another to a good approximation, this is often called the many worlds interpretation:
https://arxiv.org/abs/1111.2189
https://arxiv.org/abs/quant-ph/0104033
It should be noted that this approximation isn't perfect and the Bell correlations illustrate one way that this approximation can break down. The correspondence between measurement results on different systems only comes about after their measurement results are compared. Spatially separated systems are not yet divided into non-interfering relative states with respect to one another. For a description of local relative states see:
https://arxiv.org/abs/2008.02328