ChampionX Corp expected to post earnings of 26  cents a share - Earnings Preview

ChampionX

23/07/2022 02:28

* ChampionX Corp  CHX.OQ   CHX.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 26. 
    * The The Woodlands Texas-based  company is expected to
report  a
18.8% increase in revenue to $890.098 million from $749.17
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ChampionX Corp is
for
earnings of 26 cents per share. For the same quarter last year,
the company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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
$30​, above​ its last closing price of $19.41. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.20        0.20       0.22      Beat    7.5
 Dec. 31 2022  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.        0.05        0.05       0.08      Beat    54.6
 31 2021                                                
 Dec. 31 2020  0.04        0.06       0.07      Beat    18.9​
 Sep. 30 2020  -0.05       -0.05      0.03      Beat    165.6
 Jun. 30 2020  -0.29       -0.27      -0.43     Missed  -57.2
 This summary was machine generated July 23 at 01:28 GMT.  All
figures in US dollars  unless otherwise stated