Cactus Inc expected to post earnings of 19 cents a share - Earnings Preview

Cactus

02/11/2021 02:09

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly revenue when it reports  results on November 3. 
* The Houston, Texas-based company is expected to report  a
93.8% increase in revenue to $115.865 million from $59.79
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Cactus Inc is for
earnings of 19 cents per share. For the same quarter last year,
the company reported earnings of 13 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Cactus Inc is
$43​, about 3.2% below​ its last closing price of $44.39. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.18        0.18       0.16      Missed  -10.1
 Mar. 312021   0.11        0.10       0.11      Beat    6
 Dec. 312020   0.07        0.06       0.08      Beat    38.1​
 Sep. 302020   0.03        0.02       0.13      Beat    691.2
 ​​Jun.        -0.01       -0.01      0.10      Beat    1,014.
 302020                                                 9
 Mar. 312020   0.35        0.35       0.41      Beat    18.2​
 Dec. 312019   0.35        0.36       0.37      Beat    3
 Sep. 302019   0.45        0.45       0.48      Beat    5.7
 This summary was machine generated November 2 at 02:09 GMT.  All
figures in US dollars unless otherwise stated