Cactus Inc expected to post earnings of 56  cents a share - Earnings Preview

Cactus

05/05/2023 19:37

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly
revenue when it reports  results on May 9. 
    * The Houston Texas-based  company is expected to report  a
46.5% increase in revenue to $213.707 million from $145.9
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 56 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 had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Cactus Inc
is
$52​, above​ its last closing price of $37.34. ​​​

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 2022  0.50        0.50       0.57      Beat    13.5
 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.        0.20        0.20       0.25      Beat    22.4
 31 2021                                                
 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
 This summary was machine generated May 5 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated