KLX Energy Services Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary
01/11/2024 14:24
* KLX Energy Services Holdings Inc KLXE.OQ reported a
quarterly
adjusted loss of 51 cents per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 47 cents. The mean expectation of
two analysts for the quarter was for a loss of 46 cents per
share.
* Revenue fell 14.4% to $188.90 million from a year ago;
analysts
expected $181.20 million.
* KLX Energy Services Holdings Inc's reported EPS for the
quarter
was a loss of 51 cents.
* The company reported a quarterly loss of $8.2 million.
* KLX Energy Services Holdings Inc shares had fallen
by 19.2% this
quarter and lost 60.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 18.3%
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
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the oil related
services and equipment peer group is also "strong buy"
Wall Street's median 12-month price target for KLX Energy
Services Holdings Inc is $8.50
This summary was machine generated from LSEG data November 1 at
02:24 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
Sep. 30 2024 -0.46 -0.51 Missed
Jun. 30 2024 -0.80 -0.49 Beat
Mar. 31 2024 -0.61 -1.38 Missed
Dec. 31 2023 0.01 -0.58 Missed