Cactus Inc reports results for the quarter ended in December - Earnings Summary

Cactus

28/02/2022 12:44

* Cactus Inc  WHD.N  reported quarterly adjusted earnings of
25
cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
20 cents per share.
    * Revenue rose 90.8% to $129.92 million from a year ago; 
analysts
expected $123.26 million. 
    * Cactus Inc's reported EPS for the quarter was 25 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Cactus Inc shares had risen by 28.7% this quarter.
    * The company reported quarterly net income of $15.02
million.
    * Wall Street's median 12-month price target for Cactus Inc
is
$48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 28 at 12:43 p.m.
 ​All figures in US dollars unless otherwise stated