ChampionX Corp expected to post earnings of 20  cents a share - Earnings Preview

ChampionX

23/04/2022 01:59

* ChampionX Corp  CHX.OQ   CHX.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 26. 
    * The The Woodlands Texas-based  company is expected to
report  a
20.4% increase in revenue to $824.475 million from $684.89
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ChampionX Corp is
for
earnings of 20 cents per share. For the same quarter last year,
the company reported earnings of 8 cents per share.
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ChampionX
Corp is
$29.5​, above​ its last closing price of $22.71. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.23        0.24       0.26      Beat    7
 Sep. 30 2021  0.18        0.18       0.15      Missed  -15.6
 Jun. 30 2021  0.10        0.10       0.11      Beat    11.6​
 Mar. 31 2021  0.05        0.05       0.08      Beat    54.6
 ​​Dec.        0.04        0.06       0.07      Beat    18.9
 31 2020                                                
 Sep. 30 2020  -0.05       -0.05      0.03      Beat    165.6​
 Jun. 30 2020  -0.29       -0.27      -0.43     Missed  -57.2
 Mar. 31 2020  0.07        0.06       0.04      Missed  -36.3
 This summary was machine generated April 23 at 00:58 GMT.  All
figures in US dollars  unless otherwise stated