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

ChampionX

25/10/2022 23:30

* ChampionX Corp  CHX.OQ  reported quarterly adjusted
earnings of
33 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue rose 24.8% to $1.02 billion from a year ago;
analysts
expected $935.79 million. 
    * ChampionX Corp's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ChampionX Corp shares had risen by 23.6% this quarter and
gained 19.7% so far this year.
    * The company reported quarterly net income of $23.07
million.
    * Wall Street's median 12-month price target for ChampionX
Corp is
$28.00 
    * 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." 

This summary was machine generated from Refinitiv data October
25 at 10:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.32           0.33           Beat
 Jun. 30 2022      0.26           0.28           Beat
 Mar. 31 2022      0.20           0.22           Beat
 Dec. 31 2021      0.24           0.26           Beat