Oilfield equipment maker Cactus Q3 revenue beats estimates

Cactus

29/10/2025 21:39

Overview

Cactus Q3 revenue of ~$264 mln beats analyst expectations

Adjusted EPS of $0.67 surpasses consensus estimates

Adjusted EBITDA of $86.9 mln exceeds analyst forecasts

Outlook

Company expects U.S. land rig count to be flat to slightly down in Q4 2025

Pressure Control revenues expected to remain relatively flat in Q4 2025

Spoolable Technologies segment to see typical seasonal decline late in 2025

Result Drivers

PRESSURE CONTROL MARGINS - Improved margins due to cost reduction initiatives and lower legal expenses

SPOOLABLE TECHNOLOGIES SALES - Strong international sales offset lower domestic activity

COST CONTROL FOCUS - Company emphasizes cost control and customer relationships amid market volatility

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$263.95 mln
$260.50 mln (5 Analysts)
Q3 Adjusted EPS
Beat
$0.67
$0.58 (7 Analysts)
Q3 Adjusted Net Income
$53.71 mln
Q3 Net Income
$50.18 mln
Q3 Adjusted EBITDA
Beat
$86.94 mln
$77.50 mln (7 Analysts)
Q3 Adjusted EBITDA Margin
32.90%
Q3 Operating Income
$61.23 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 "buy"

Wall Street's median 12-month price target for Cactus Inc is $48.00, about 11.9% above its October 29 closing price of $42.27

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw1GHzgZa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)