Cactus Inc expected to post earnings of 29  cents a share - Earnings Preview

Cactus

03/05/2022 03:03

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly
revenue when it reports  results on May 4. 
    * The Houston Texas-based  company is expected to report  a
65.6% increase in revenue to $139.778 million from $84.42
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 29 cents per share. For the same quarter last year,
the company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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
$61​, above​ its last closing price of $49.69. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.20        0.20       0.25      Beat    22.4
 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.        0.07        0.06       0.08      Beat    38.1
 31 2020                                                
 Sep. 30 2020  0.03        0.02       0.13      Beat    691.2​
 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
 This summary was machine generated May 3 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated