Kodiak Gas Services Inc reports results for the quarter ended June 30 - Earnings Summary
Kodiak Gas Services Inc reports results for the quarter ended June 30 - Earnings Summary
Kodiak Gas Services Inc KGS.N reported quarterly adjusted earnings of 55 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of twelve analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 54 cents to 85 cents per share.
Revenue rose 21.1% to $391.12 million from a year ago; analysts expected $386.74 million.
Kodiak Gas Services Inc's reported EPS for the quarter was 53 cents.
The company reported quarterly net income of $52.14 million.
Kodiak Gas Services Inc shares had fallen by 23.0% this quarter and gained 54.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "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 "buy"
Wall Street's median 12-month price target for Kodiak Gas Services Inc is $82.00, about 30.7% above its last closing price of $56.86
This summary was machine generated from LSEG data August 6 at 11:01 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 2026 | 0.67 | 0.55 | Missed |
Mar. 31 2026 | 0.54 | 0.60 | Beat |
Dec. 31 2025 | 0.49 | 0.40 | Missed |
Sep. 30 2025 | 0.51 | 0.36 | Missed |
Recent news on Kodiak Gas Services
See all newsUS RESEARCH ROUNDUP-Bank7, Goldman Sachs, Morgan Stanley
US RESEARCH ROUNDUP-BlackRock, Evercore, Goldman Sachs
Brief: Kodiak Gas Services Announces Power Supply Agreement With West Texas Data Center
Kodiak Gas Services Inc reports results for the quarter ended June 30 - Earnings Summary
Kodiak Gas Q2 record revenue beats estimates on strong compression demand, raises 2026 outlook