ChampionX Corp reports results for the quarter ended in December - Earnings Summary

ChampionX

10/02/2022 08:15

* ChampionX Corp  CHX.OQ  reported quarterly adjusted
earnings of
26 cents​​ per share for the quarter ended in December. The mean
expectation of eleven analysts for the quarter was for earnings
of 24 cents per share.
    * Revenue rose 16.4% to $822.15 million from a year ago; 
analysts
expected $835.74 million. 
    * ChampionX Corp's reported EPS for the quarter was 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * ChampionX Corp shares had risen by 21.0% this quarter.
    * The company reported quarterly net income of $43.45
million.
    * Wall Street's median 12-month price target for ChampionX
Corp is
$29.00 
    * 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." 

This summary was machine generated February 10 at 08:14 a.m.
 ​All figures in US dollars unless otherwise stated