KLX Energy Services Holdings Inc reports results for the quarter ended in January - Earnings Summary
08/08/2024 14:51
* KLX Energy Services Holdings Inc KLXE.OQ reported a
quarterly
adjusted loss of 49 cents per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 71 cents. The mean expectation of
three analysts for the quarter was for a loss of 80 cents per
share. Wall Street expected results to range from $-1.08 to -48
cents per share.
* Revenue fell 23% to $180.20 million from a year ago;
analysts
expected $183.10 million.
* KLX Energy Services Holdings Inc's reported EPS for the
quarter
was a loss of 49 cents.
* The company reported a quarterly loss of $8 million.
* KLX Energy Services Holdings Inc shares had risen by 16.4%
this
quarter and lost 48.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 265.1% 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 $7.00
This summary was machine generated from LSEG data August 8 at
01:50 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 2024 -0.80 -0.49 Beat
Mar. 31 2024 -1.38
Dec. 31 2023 0.01 -0.58 Missed
Sep. 30 2023 0.55 0.47 Missed