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KGS — Kodiak Gas Services News Story

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Kodiak Gas Services Inc reports results for the quarter ended March 31 - Earnings Summary

Kodiak Gas Services Inc KGS.N reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 39 cents.  The mean expectation of five analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 32 cents to 42 cents per share.

Revenue rose 53% to $329.64 million from a year ago; analysts expected $325.78 million.

Kodiak Gas Services Inc's reported EPS for the quarter was 33 cents​.

The company reported quarterly net income of $30.41 million.

Kodiak Gas Services Inc shares had fallen by 8.3% this quarter and lost 16.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.4% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "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 $45.00

This summary was machine generated from LSEG data May 7 at 11:25 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.380.45Beat
Dec. 31 20240.380.20Missed
Sep. 30 20240.370.05Missed
Jun. 30 20240.550.16Missed

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