ChampionX Corp expected to post earnings of 49 cents a share - Earnings Preview

ChampionX

31/01/2025 11:14

* ChampionX Corp  CHX.OQ   CHX.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 3
(estimated) for the period ending December 31 2024
    * The The Woodlands Texas-based  company is expected to
report a
3.2% decrease in revenue to $913.608 million from $943.56
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ChampionX Corp is for
earnings
of 49 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "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
$41.00​, above​ its last closing price of $29.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.44        0.46       0.44      Missed  -3.7
 Jun. 30 2024  0.46        0.46       0.37      Missed  -18.9
 Mar. 31 2024  0.41        0.40       0.50      Beat    24.4​
 Dec. 31 2023  0.44        0.44       0.44      Met     0.4
 ​​Sep.        0.49        0.50       0.41      Missed  -17.7
 30 2023                                                
 Jun. 30 2023  0.45        0.44       0.49      Beat    10.9​
 Mar. 31 2023  0.35        0.35       0.36      Beat    2.5
 Dec. 31 2022  0.40        0.41       0.43      Beat    6.2
 This summary was machine generated January 31 at 11:14 GMT.  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)