Cactus, Inc. reports results for the quarter ended September 30 - Earnings Summary
Cactus, Inc. reports results for the quarter ended September 30 - Earnings Summary
Cactus, Inc. WHD.N reported quarterly adjusted earnings of 96 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of nine analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 66 cents to 87 cents per share.
Revenue rose 63.2% to $430.89 million from a year ago; analysts expected $436.21 million.
Cactus, Inc.'s reported EPS for the quarter was 87 cents.
The company reported quarterly net income of $62.16 million.
Cactus, Inc. shares had risen by 5.4% this quarter and gained 43.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 7.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "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 $73.00, about 11.9% above its last closing price of $64.34
This summary was machine generated from LSEG data October 28 at 11:20 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 |
Sep. 30 2026 | 0.77 | 0.96 | Beat |
Jun. 30 2026 | 0.62 | 0.93 | Beat |
Mar. 31 2026 | 0.64 | 0.70 | Beat |
Dec. 31 2025 | 0.58 | 0.65 | Beat |
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