KLX Energy Services Holdings Inc reports results for the quarter ended in December - Earnings Summary
07/03/2024 14:32
* KLX Energy Services Holdings Inc KLXE.OQ reported a
quarterly
adjusted loss of 58 cents per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of $1.02. The mean expectation of
three analysts for the quarter was for earnings of one cent per
share. Wall Street expected results to range from -57 cents
to 42 cents per share.
* Revenue fell 13% to $194.20 million from a year ago;
analysts
expected $212.98 million.
* KLX Energy Services Holdings Inc's reported EPS for the
quarter
was a loss of 58 cents.
* The company reported a quarterly loss of $9.2 million.
* KLX Energy Services Holdings Inc shares had fallen
by 31.5% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 97.9%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* 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 average consensus recommendation for the oil related
services and equipment peer group is also "buy"
Wall Street's median 12-month price target for KLX Energy
Services Holdings Inc is $15.00
This summary was machine generated from LSEG data March 7 at
02:31 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
Dec. 31 2023 0.01 -0.58 Missed
Sep. 30 2023 0.55 0.47 Missed
Jun. 30 2023 0.79 0.71 Missed
Mar. 31 2023 0.65 0.43 Missed