Cactus Inc expected to post earnings of 50cents a share - Earnings Preview

Cactus

21/02/2023 24:25

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly
revenue when it reports  results on February 22. 
    * The Houston Texas-based  company is expected to report  a
45.8% increase in revenue to $189.369 million from $129.92
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cactus Inc is for
earnings of 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"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 $50.11. ​​​

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 2022  0.48        0.48       0.52      Beat    7.7
 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.        0.19        0.19       0.19      Met     -2.1
 30 2021                                                
 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
 This summary was machine generated February 21 at 00:25 GMT. 
All figures in US dollars  unless otherwise stated