Cactus Inc expected to post earnings of 75  cents a share - Earnings Preview

Cactus

05/08/2023 03:04

* Cactus Inc  WHD.N   WHD  is expected to show a rise in
quarterly
revenue when it reports  results on August 7. 
    * The Houston Texas-based  company is expected to report  a
74.2% increase in revenue to $296.528 million from $170.22
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 75 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
$52​, above​ its last closing price of $51.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.63        0.56       0.64      Beat    14.1
 Dec. 31 2023  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.        0.29        0.29       0.30      Beat    4.7
 31 2022                                                
 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
 This summary was machine generated August 5 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated