Cactus Inc reports results for the quarter ended June 30 - Earnings Summary
Cactus Inc reports results for the quarter ended June 30 - Earnings Summary
Cactus Inc WHD.N reported quarterly adjusted earnings of 93 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of nine analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 46 cents to 77 cents per share.
Revenue rose 64.3% to $449.53 million from a year ago; analysts expected $399.34 million.
Cactus Inc's reported EPS for the quarter was 70 cents.
The company reported quarterly net income of $49 million.
Cactus Inc shares had risen by 3.7% this quarter and gained 16.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"
Wall Street's median 12-month price target for Cactus Inc is $67.50, about 22.5% above its last closing price of $52.32
This summary was machine generated from LSEG data July 29 at 11:55 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.62 | 0.93 | Beat |
Mar. 31 2026 | 0.64 | 0.70 | Beat |
Dec. 31 2025 | 0.58 | 0.65 | Beat |
Sep. 30 2025 | 0.58 | 0.67 | Beat |
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Cactus Inc reports results for the quarter ended June 30 - Earnings Summary