KLX Energy Services Holdings Inc expected to post a loss of 61 cents a share - Earnings Preview

KLX Energy Services Holdings

06/05/2024 17:23

* KLX Energy Services Holdings Inc  KLXE.OQ   KLXE.O  is
expected
to show a fall in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
24.1% decrease in revenue to $181.8 million from $239.6 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for KLX Energy Services
Holdings
Inc is for a loss of 61 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 97.9%
in the last three months. ​
    * Wall Street's median 12-month price target for KLX Energy
Services Holdings Inc is $15.00​, above​ its last closing price
of $6.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.12       0.01       -0.58     Missed  -8,795
                                                        .7
 Sep. 30 2023  0.54        0.55       0.47      Missed  -13.8
 Jun. 30 2023  0.79        0.79       0.71      Missed  -10.1​
 Mar. 31 2023  0.65        0.65       0.43      Missed  -33.8
 ​​Dec.                    1.18       1.02      Missed  -13.6
 31 2022                                                
 Sep. 30 2022  1.22        1.22       1.10      Missed  -9.8​
                                      -0.56             
                                      -1.78             
 This summary was machine generated May 6 at 16:23 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)