Flowco Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Flowco Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Flowco Holdings Inc. FLOC.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.26. The mean expectation of nine analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 24 cents to 43 cents per share.
Revenue rose 22.1% to $235.86 million from a year ago; analysts expected $235.17 million.
Flowco Holdings Inc.'s reported EPS for the quarter was 28 cents.
The company reported quarterly net income of $12.52 million.
Flowco Holdings Inc. shares had risen by 4.6% this quarter and gained 19.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"
Wall Street's median 12-month price target for Flowco Holdings Inc. is $31.00, about 28% above its last closing price of $22.33
This summary was machine generated from LSEG data August 11 at 01:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.36 | 0.78 | Beat |
Mar. 31 2026 | 0.32 | 1.09 | Beat |
Dec. 31 2025 | 0.31 | 0.51 | Beat |
Sep. 30 2025 | 0.30 | 0.41 | Beat |
Recent news on Flowco Holdings
See all newsFlowco gains after $113 mln deal
Brief: Flowco Subsidiary Enters Share Purchase Agreement On Oct 2, 2026
Flowco Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Flowco Q2 revenue slightly beats estimates on customer demand
Flowco Holdings Inc. expected to post earnings of 36 cents a share - Earnings Preview