Kodiak Gas Services Inc reports results for the quarter ended in March - Earnings Summary

Kodiak Gas Services

10/05/2024 12:31

* Kodiak Gas Services Inc  KGS.N  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in
March.  The mean expectation of four analysts for the quarter
was for earnings of 37 cents per share. Wall Street expected
results to range from 32 cents to 41 cents per share.
    * Revenue was $215.49 million​; analysts expected $220.55
million. 
    * Kodiak Gas Services Inc's reported EPS for the quarter was
39
cents​.
    * The company reported quarterly net income of $30.23
million.
    * Kodiak Gas Services Inc shares had risen by 2.0% this
quarter and gained 38.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14.1%
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 "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Kodiak Gas
Services Inc is $31.00 

This summary was machine generated from LSEG data May 10 at
11:30 a.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
 Mar. 31 2024      0.37           0.39           Beat
 Dec. 31 2023      0.29           -0.09          Missed
 Sep. 30 2023      0.19           0.37           Beat
                                  -0.14