Mammoth Energy Services Inc reports results for the quarter ended in December - Earnings Summary

Mammoth Energy Services

01/03/2024 14:32

* Mammoth Energy Services Inc  TUSK.OQ  reported a quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
December.  The lone analyst forecast for the quarter was for a
loss of 9 cents per share. 
    * Revenue was $52.78 million​; analysts expected $64.46
million. 
    * Mammoth Energy Services Inc's reported EPS for the quarter
was a
loss of 12 cents​.
    * The company reported a quarterly loss of $5.96 million.
    * Mammoth Energy Services Inc shares had fallen by 18.4%
this
quarter.

FORECAST CHANGES
    * 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Mammoth
Energy
Services Inc is $5.90 

This summary was machine generated from LSEG data March 1 at
02:31 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
 Dec. 31 2023      -0.09          -0.12          Missed
 Sep. 30 2023      0.06           0.02           Missed
 Jun. 30 2023      0.10           -0.09          Missed
 Mar. 31 2023      0.09           0.17           Beat