Cactus Inc expected to post earnings of 20  cents a share - Earnings Preview

Cactus

25/02/2022 16:16

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly
revenue when it reports  results on February 28. 
    * The Houston Texas-based  company is expected to report  a
81.0% increase in revenue to $123.256 million from $68.09
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 20 cents per share. For the same quarter last year,
the company reported earnings of 8 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
$48​, about 0.8% above​ its last closing price of $47.63. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.19        0.19       0.19      Met     -2.1
 Jun. 30 2021  0.18        0.18       0.16      Missed  -10.1
 Mar. 31 2021  0.11        0.10       0.11      Beat    6​
 Dec. 31 2020  0.07        0.06       0.08      Beat    38.1
 ​​Sep.        0.03        0.02       0.13      Beat    691.2
 30 2020                                                
 Jun. 30 2020  -0.01       -0.01      0.10      Beat    1,014.
                                                        9​
 Mar. 31 2020  0.35        0.35       0.41      Beat    18.2
 Dec. 31 2019  0.35        0.36       0.37      Beat    3
 This summary was machine generated February 25 at 16:16 GMT. 
All figures in US dollars  unless otherwise stated