KLX Energy Services Holdings Inc reports results for the quarter ended in March - Earnings Summary

KLX Energy Services Holdings

11/05/2023 14:32

* KLX Energy Services Holdings Inc  KLXE.OQ  reported
quarterly
adjusted earnings of 43 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 65 cents per share.
    * Revenue rose 57.3% to $239.60 million from a year ago;
analysts
expected $227.25 million. 
    * KLX Energy Services Holdings Inc's reported EPS for the
quarter
was 65 cents​.
    * The mean earnings estimate of analysts had fallen by
about 33%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * KLX Energy Services Holdings Inc shares had fallen
by 23.4% this
quarter and lost 48.5% so far this year.
    * The company reported quarterly net income of $9.4 million.
    * Wall Street's median 12-month price target for KLX Energy
Services Holdings Inc is $29.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.65           0.43           Missed
 Dec. 31 2022      1.18                          
 Sep. 30 2022      1.22           1.10           Missed