ChampionX Corp expected to post earnings of 25  cents a share - Earnings Preview

ChampionX

07/02/2022 21:16

* ChampionX Corp  CHX.OQ   CHX.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 9. 
    * The The Woodlands Texas-based  company is expected to
report  a
18.8% increase in revenue to $838.6 million from $706.12 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 25 cents per share. For the same quarter last year,
the company reported earnings of 7 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "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​, about 17.9% above​ its last closing price of $23.81. ​​​
    * 

This summary was machine generated February 7 at 21:16 GMT.  All
figures in US dollars  unless otherwise stated