Cactus Inc expected to post earnings of 48cents a share - Earnings Preview

Cactus

04/11/2022 19:33

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly
revenue when it reports  results on November 7. 
    * The Houston Texas-based  company is expected to report  a
56.8% increase in revenue to $180.923 million from $115.36
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 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"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​, below​ its last closing price of $51.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.36        0.36       0.44      Beat    23.8
 Mar. 31 2022  0.29        0.29       0.30      Beat    4.7
 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.        0.18        0.18       0.16      Missed  -10.1
 30 2021                                                
 Mar. 31 2021  0.11        0.10       0.11      Beat    6​
 Dec. 31 2020  0.07        0.06       0.08      Beat    38.1
 Sep. 30 2020  0.03        0.02       0.13      Beat    691.2
 This summary was machine generated November 4 at 19:32 GMT.  All
figures in US dollars  unless otherwise stated